Mauritania Sign with SFD Postponment of Debt Service Payment
The Minister of Finance, Mr. Mohamed Lemine Ould Dhebi, signed with a delegation from the Saudi Fund for Development(SFD), led by Mr. Abdulmohsen bin Abdulrahman Al-kahial, General Manager of Saudi Exports at the fund, an agreement to postpone the payment of the debt service due to the fund
The Minister of Finance, Mr. Mohamed Lemine Ould Dhebi, signed with a delegation from the Saudi Fund for Development(SFD), led by Mr. Abdulmohsen bin Abdulrahman Al-kahial, General Manager of Saudi Exports at the fund, an agreement to postpone the payment of the debt service due to the fund.
This agreement falls within the framework of the debt service suspension initiative, which was announced in 2020 by the G20 member countries to mitigate the effects of the COVID-19 pandemic.