Arab News, Thursday, Mar 23, 2023 | Ramadan 1, 1444
Saudi development fund and UNDP discuss developing cooperation
Saudi Arabia: The CEO of the Saudi Fund for Development, Sultan Al-Marshad, met with Nahid
Hussein, the resident representative of the UN Development Programme for the
Kingdom, and her accompanying delegation in the capital, Riyadh, the Saudi
Press Agency reported on Wednesday.
During the meeting, the two sides discussed development projects and
programs financed by SFD in developing countries.
They also reviewed issues of mutual interest, including means to enhance
development cooperation between the two sides, address challenges, and
develop sustainable solutions.
The SFD has been working for nearly 50 years to support development projects
in developing countries, which come in various vital sectors to help achieve
basic development services in those countries and improve the standard of
living of societies to support the least developed and poorest countries.
The fund works to finance these projects to achieve sustainable development
goals and enhance the effectiveness of development aid through partnership
and cooperation with regional and international organizations and
institutions.