The amount of the financing was not disclosed, but the IMF and World Bank put Sudans total external debt at an estimated $49.8 billion as of the end of 2019.
Tuesday 11/05/2021
A file picture shows International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaking in Washington. (REUTERS)
WASHINGTON The IMF executive board on Monday approved a financing plan to cover its share of debt relief to Sudan, Managing Director Kristalina Georgieva announced.
This marks a critical step in helping Sudan advance the process of normalizing relations with the international community, Georgieva said, adding that the plan relies on a broad effort of IMF member countries, including cash grants and contributions derived from IMF inte…
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