Arab Fund for Development and Sudan sign loan agreement

Arab Fund for Development and Sudan sign loan agreement
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Published January 3rd, 2013 - 12:55 GMT via SyndiGate.info

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The Arab Fund for Economic and Social Development has signed deal with Sudan to help finance new projects
The Arab Fund for Economic and Social Development has signed deal with Sudan to help finance new projects
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Abdullatif Youssef Al-Hamad
,
Arab Fund for Economic and Social Development
,
Arab Fund for Economic
,
Social Development
,
University of Dongola

 The Kuwait-based Arab Fund for Economic and Social Development (AFESD) on Wednesday signed an agreement with the government of Sudan under which it will offer a loan amounting to KD ten million (some USD 35 million) for Sudan to launch the industrial development bank.

The two sides also signed a memorandum of understanding on a KD 30,000 (USD 106,899) grant for financing the construction of the administrative buildings of the University of Dongola in central Sudan, Kuwaiti news agency, KUNA reported.

The two documents were signed here by AFESD Board Chairman and Director-General Dr. Abdullatif Youssef Al-Hamad and Sudanese Minister of Finance and National Economy Ali Mahmoud Abdel-Rasoul.

 

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© Copyright 2012 Emirates News Agency (WAM)

In case it wasn't clear from the title, this is a map of peace - not a map of democracy, of zoinism, or of "which country we like the most". Countries do well for not maintaining large standing armies, not fighting wars with their neighbours, not fighting civil wars, and for having non-violent, stable societies. On any of these measures, Israel does rather poorly, which is why it ranks near the bottom. Non-militarist countries which aren't involved in constant armed conflict (like New Zealand) OTOH do rather well. And Zimbabwe does a little bit (0.035 points!) better than India because while it does not respect human rights nearly as much, it has fought rather fewer wars recently and doesn't have nuclear weapons (something measured in the "Military capability/sophistication" category).For those of you interested in causes, there's a list of correlations . No driver seems to be correlated with external peace - with whether a country invades its neighbours - though there are a lot of correlations with internal peace (and therefore with overall ranking). GDP per capita and having a functioning government seem to make countries more peaceful; hating foreigners, being religious, and being in a poorly integrated region seems to make them more dangerous. Of course, correlation is not causation, and for some of these measures the causation probably flows the other way, or in both directions.

Ehsan (not verified) Wed, 07/16/2014 - 08:00

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