Try Ananto Wicaksono is a research assistant in a think tank based in Jakarta, Indonesia. His interests are in International Political Economy, International Economic Law, and International Relations.
The Straits Times
Visit comes after US removes country from blacklist in return for its recognition of Israel
US Treasury Secretary Steven Mnuchin had a meeting with Sudanese Prime Minister Abdalla Hamdok in the capital Khartoum, shortly after his arrival.PHOTO: ABDALLA HAMDOK/TWITTER
PublishedJan 7, 2021, 5:00 am SGT
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Sudan: U.S. provides financial facilities to clear World Bank arrears
December 16, 2020
December 15, 2020 (KHARTOUM) – The United States will provide financial facilities to support Sudan’s debt relief under the Heavily Indebted Poor Countries (HIPC) Initiative, said the Sudanese finance minister in a statement written in Arabic and English released on Tuesday.
In the Arabic version, Heba Mohamed Ali stated that these facilities exceed one billion U.S. dollars but in the English one she only said that Washington would “facilitate the first instalment that will support Sudan on its road to debt relief”.
According to the HIPC process, 44% of the debt relief is funded by the IMF, and the remaining amount is provided by bilateral creditors.
U S provides Sudan with financial facilities to clear World Bank arrears: minister - Sudan Tribune: Plural news and views on Sudan sudantribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sudantribune.com Daily Mail and Mail on Sunday newspapers.