Ethiopia, Saudi Fund for Development Sign MoU on Debt Service Suspension

Addis Ababa, September 3, 2022(Walta) – Ethiopia and Saudi Fund for Development have signed a memorandum of understanding (MoU) on the debt service suspension initiative.

Minister of Finance Ahemed Shide met with the Ambassador of the Kingdom of Saudi Arabia to Ethiopia, Fahad Alhumaydani, and delegates from the Saudi Fund for Development.

On the occasion, the memorandum of understanding on the debt service suspension initiative between the Government of Ethiopia and the Saudi Fund for Development was signed.

They had also a fruitful discussion on matters related to boosting the economic cooperation between the two countries.