Saudi Arabia and the UAE on Sunday (April 21st) announced three billion dollars in financial support for Sudan following the overthrow of longtime leader Omar al-Bashir, AFP reported.
The Gulf states pledged to inject $500 million into the Sudanese central bank and $2.5 billion to help provide food, medicine and petroleum products, the Saudi Press Agency (SPA) said.
It did not specify if the money is a gift or a loan.
The deposit for the central bank is aimed at shoring up the Sudanese pound, the SPA said.
In recent years Sudan has been hit by an acute lack of dollars, a key factor behind the nationwide protests that led to the toppling of al-Bashir by the army this month.
Saudi Arabia and the UAE called for "stability" and a "peaceful transition" in the days following al-Bashir’s ouster.
Sudan plays a key role in the regional interests of Saudi Arabia and its allies, siding with Riyadh against Iran and providing troops to the Arab coalition.
Both Gulf nations have voiced backing for Sudan's military rulers, who are facing calls from protesters to cede power to a civilian transitional government.
