Minister Chris Coye visits Saudi Arabia

Minister Chris Coye visits Saudi Arabia

Minister of State in the Ministry of Finance, Economic Development, and Investment, Senator Christopher Coye, spent part of last week visiting Saudi Arabia. He was hosted by the Saudi Fund for Development (SFD), which finances priority development projects in developing countries on a concessionary basis. The minister met with SFD’s CEO Sultan A. Al-Marshad and other representatives of the organization to discuss various priority public sector investment projects in health, energy, and infrastructure. During his visit, the minister also met with Abdul Mohsen Al-Khalaf, Assistant Minister of Finance for Macro Fiscal Policies and International Relations, and other representatives of the Ministry of Finance. He briefed the assistant minister on Belize’s application to gain eligibility for the World Bank’s International Development Association’s highly concessionary resources through the Small Island Economy Exception, emphasizing that due to its high vulnerabilities to climate and other economic shocks, Belize, like other small island economies, needs access to more affordable financing for development. Assistant Minister Al-Khalaf pledged the Kingdom’s support for Belize on this matter. He also met with other leading representatives of the kingdom’s private sector to explore investment opportunities and trade, particularly in tourism, agriculture, energy, and nearshoring. 

Related post

GOB breaks ground for the San Pedro Hospital

GOB breaks ground for the San Pedro Hospital

Today was historic for the islanders of Ambergris Caye and Caye Caulker as they bore witness to the groundbreaking for the…
Triple Murder Case: Jared Ranguy Faces Decision as Court Delivers Life Sentence Indication

Triple Murder Case: Jared Ranguy Faces Decision as Court…

Jared Ranguy remains behind bars tonight, and now has to contemplate whether he will enter a guilty plea for a triple…
Woman Slapped with Fine for Stabbing Ex-Lover

Woman Slapped with Fine for Stabbing Ex-Lover

A woman was given a slap on the wrist in court today after she confessed to stabbing her ex-lover.  31-year-old, Stephani…

Leave a Reply

Your email address will not be published. Required fields are marked *