Latest Breaking News On - ப்ரைம் அமைச்சர் அப்டால்லாஹ் - Page 1 : comparemela.com
Sudan Threatens to Use Military Option to Regain Control over Border with Ethiopia
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World Bank, IMF: Sudan s debt to be cut by $50 billion
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US State Department lauds Sudan s great progress in financial transparency
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May 25 - 2021 KHARTOUM
Sudan s PM Hamdok and World Bank Vice President for Eastern and Southern Africa Hafez Ghanem (SUNA)
The World Bank’s Vice President for Eastern and Southern Africa, Hafez Ghanem, visited Khartoum yesterday and met with Sudan s Prime Minister Abdallah Hamdok. Ghanem announced a $2 billion fund from the World Bank to finance infrastructure projects in Sudan and to support displaced people.
Sudanese Minister of Finance and Economic Planning Jibril Ibrahim was also present at the meeting, as was a wider delegation of the World Bank.
Ghanem said that he was pleased to meet Hamdok following the great success of the Paris Conference earlier this month, which he described as “very important”.
May 11 - 2021 KHARTOUM / WASHINGTON D.C.
IMF logo (IMF)
The International Monetary Fund s (IMF) executive board approved a financing plan yesterday that will help mobilise the resources needed for the IMF to cover its share of debt relief to Sudan . A critical step according to IMF Director Kristalina Georgieva. Meanwhile, Sudan prepares for the Paris conference on investment in Sudan.
In a statement issued yesterday, Georgieva explained that the plan relies on a broad effort of IMF member countries , which includes cash grants and the IMF s internal resources.
“This marks a critical step in helping Sudan advance the process of normalising relations with the international community and make progress towards achieving debt relief under the Heavily-Indebted Poor Country (HIPC) Initiative , Georgieva said.