KHARTOUM: Qatar will deposit $1bn in Sudan’s central bank, Khartoum said yesterday.
The announcement by Finance Minister Badr El-Din Mahmoud came at the end of a visit to Khartoum by the Emir H H Sheikh Tamim bin Hamad Al Thani.
Mahmoud, speaking at Khartoum airport, said Qatar also planned to invest in large agricultural and energy projects in Sudan, whose economy has suffered since South Sudan broke away in 2011, taking with it much of Khartoum’s oilfields.
“Sudan realised big economic gains from the visit of the Emir of Qatar today,” he said.
Mahmoud said the deposit was the second part of an aid package but declined to give details of the first part. In a written statement, the Emir said his visit “comes to confirm the two countries’ desire for continued dialogue and coordination on issues of mutual interest”. REUTERS