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Mudhaer Mohammed Salih: The amounts of the UAE-Saudi Development Fund will be spent to finance income-generating projects

Baghdad, The Advisor to the Prime Minister for Financial Affairs, Mudher Mohammed Salih, confirmed that the amounts of the Saudi-Emirati Development Fund will be spent to finance income-generating projects.

He told the National Iraqi News Agency / NINA / that the fund amounted to $ 6 billion equally from the two countries, and it will contribute to providing a lot of job opportunities, indicating that: Investment projects according to this fund will be profitable while ensuring the existence of markets for the disposal of their products regionally, Arab and internationally.

The Prime Minister visited each of the United Arab Emirates and Saudi Arabia, respectively, during which he signed a number of agreements that included the two countries allocating an amount of 3 billion each according to a development fund to finance investment projects.


Source: National Iraqi News Agency