Ethiopia and Saudi Fund for Development (SFD) signed a memorandum of understanding on debt service suspension initiative.
Finance Minister Ahmed Shide met Saudi Arabia’s ambassador to Ethiopia, Fahad Alhumaydani and the SFD delegation on Friday.
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The two sides held a fruitful discussion on matters related to boosting the economic cooperation between the two countries.
“On the occasion, the MoU on debt service suspension initiative between the Government of Ethiopia and the Saudi Fund for Development was signed,” said the Ministry of Finance.
Source: Ethiopian Monitor
