ID :
9984
Fri, 06/13/2008 - 19:03
Auther :

Kingdom provides loan to Afghanistan


Paris, June 13, SPA -- The Kingdom of Saudi Arabia provided last
night a loan of SR 112,500,000 to Republic of Afghanistan, in the
framework of the International Conference for Reconstruction of
Afghanistan currently in progress in Paris.

On the Saudi side, the agreement was signed by Vice President and
Managing Director of Saudi Fund for Development, Eng. Yousuf Ibrahim
Al-Bassam and on the Afghan side by Finance Minister, Anwar Al-Haq
Ahadi.

This loan comes as a participation of the Kingdom in financing a
vital project in the transportation sector in Afghanistan.

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