Saturday, July 27, 2024
spot_img
spot_img
HomeBusinessEconomyBELIZE – SAUDI fund for development discusses project financing

BELIZE – SAUDI fund for development discusses project financing

By Government Press Office | BELIZE

BELMOPAN, Belize –  Eng. Bandar Alharbi, Director for Europe and Latin America Operations, and Eng. Ibrahim Alsayyar, Construction and Transportation Sector Specialist, of the Saudi Fund for Development (SFD) visited Belize from August 22 to 25, 2022.

The government of Belize has been in communication with SFD seeking opportunities for financing for a number of projects including the construction of a hospital. During the visit, they met with Kevin Bernard, minister of health and wellness; Christopher Coye, minister of state in the ministry of finance, economic development and investment, and officials from those ministries. They also met with Dr Vincent Palacio, president of the University of Belize, and other representatives from the institution.

The Saudi Fund for Development provides soft loans and grants to finance development projects and programs in developing countries. This support is provided by the Kingdom of Saudi Arabia to enhance economic and social growth. To improve the living standards of disadvantaged communities and support countries most in need, SFD works to finance projects to achieve sustainable development goals and enhance the effectiveness of development aid through partnerships and cooperation with regional and international organizations.

spot_img
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img
spot_img
spot_img

Caribbean News

Global growth is expected to remain stable, but slow: 3.2 percent in 2024 – 3.3 percent in 2025

- IMF Managing Director Kristalina Georgieva’s Statement at the Conclusion of the Third Meeting of the G20 Finance Ministers and Central Bank Governors WASHINGTON, USA...

Global News

WHO – IOC and France to support healthy Paris Olympics

LONDON, PARIS - The World Health Organization (WHO) is taking part in the Paris Olympics in multiple fields, supporting the International Olympic Committee (IOC)...