Page 18 - Sudan Airways News Today : Breaking News, Live Updates & Top Stories | Vimarsana

May 18 2021, 10:04 PM May 18 2021, 3:11 PM May 18 2021, 10:04 PM (Bloomberg) Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. (Bloomberg) Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Sudan got assurances billions of dollars of external debt will be canceled after the clearing of its arrears with the International Monetary Fund, a boost for the impoverished African country emerging from decades of dictatorship. France, Germany and Norway were among countries signaling their readiness to forgo repayment at a Monday conference in Paris that showcased Sudan’s return to the international community. Removing IMF arrears, facilitated by a $1.5 billion bridge loan from France, clears the way for Sudan to get relief from global creditors under the Highly Indebted Poor Countries initiative, or HIPC.

Red seaDjibouti generalFrance generalAl bar ala marSaudi arabiaCity ofUnited kingdomOmar al bashirAndreas rialasAbdalla hamdokArgo fund ltdSudan london clubInternational monetary fundWorld bankParis clubSudan airways