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Sudan After Sanctions: Why Normalization Matters for Sudan

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. ....

United States , Red Sea , Djibouti General , White House , District Of Columbia , United Arab Emirates , South Sudan , Al Khartum , Israel General , Central African Republic , World Bank , Jawa Timur , Jakarta Raya , Wikimedia Commons , Ibrahim Ghandour , Donald Trump , Abdalla Hamdok , Heba Mohamed Ali , Michael Oren , Abdel Fattah Al Burhan , Benjamin Netanyahu , Ananto Wicaksono , Omar Hassan Al Bashir , Gadjah Mada University , International Monetary Fund , School Of Government ,

Mnuchin in Sudan for talks on economic aid

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
https://str.sg/JDdt
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Mnuchin Talks Economic Aid in Visit to Former Pariah Sudan

Mnuchin Talks Economic Aid in Visit to Former Pariah Sudan
Bloomberg
1/6/2021
© Bloomberg
Steven Mnuchin
(Bloomberg) Treasury Secretary Steven Mnuchin is holding talks with Sudan’s government, the latest U.S. official to visit the North African country that’s rebuilding ties with Washington after decades as a pariah.
Mnuchin met Prime Minister Abdalla Hamdok in the capital, Khartoum, shortly after his arrival on Wednesday. The premier shared a photo on Twitter of the delegation, describing U.S.-Sudan relations as taking “historical leaps towards a better future.”
The treasury secretary also signed a memorandum of understanding with acting Finance Minister Heba Mohamed Ali on a previously announced bridge-loan facility. That will clear Sudan’s arrears with the World Bank and allow the impoverished country access to over $1 billion in annual lending, her ministry said in a statement. ....

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Sudan: U.S. provides financial facilities to clear World Bank arrears

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. ....

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U.S. provides Sudan with financial facilities to clear World Bank arrears: minister - Sudan Tribune: Plural news and views on Sudan

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.

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