Saudi Arabia offers $48bln to support developmental projects worldwide

Countries located in the Middle East and North Africa region benefitted from 58% of total aids

  
Image used for illustrative purpose. Clouds move over the Riyadh skyline.

Image used for illustrative purpose. Clouds move over the Riyadh skyline.

REUTERS/Faisal Al Nasser

Riyadh – Mubasher: Saudi Arabia has provided around $48 billion in assistance to developmental projects around the world as part of financial contributions to international organisations and authorities.

The kingdom granted $32.12 billion in aids to 3,843 humanitarian and charitable developmental projects in 155 countries, according to a statement from the media office of the Embassy of Saudi Arabia in Egypt.

Countries located in the Middle East and North Africa (MENA) region benefitted from 58% of total aids, whilst the remaining states in Africa and Sub-Saharan Africa accounted for 19%.

Moreover, South Asia countries as well as Europe and Central Asia countries received 9% and 6% of aids, respectively, followed by East Asia, Latin American, and Caribbean countries.

The GCC nation further offered $13.73 billion in health and education aids to the visitors’ service programmes (refugees) inside the kingdom.

The King Salman Humanitarian Aid and Relief Center (KSRelief) completed and still working on 1,350 projects in 53 countries worth $4.4 billion in collaboration with 144 partners around the world, according to the statement.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2020 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

More From GCC