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Troika Statement on Public Financial Management Reforms

Download logo The recent important appointments related to South Sudan’s economic management come at a critical time for the reform process, as South Sudan is preparing to exit an IMF Staff Monitored Program and hopes to access a new loan in coming months.  The Troika underscores that a faster pace is needed in the implementation […]
South Sudan Us Embassy Staff Monitored Program Cash Management Committee Monitored Program Public Financial Management

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Sudan to continue the liberalisation of its economy

Sudan’s Minister of Finance and Economic Planning, Dr Jibril Ibrahim, announced yesterday that his ministry would continue to adopt liberalisation policies “until the Sudanese economy recovers from the distortions it has long suffered from”. Ibrahim admitted that citizens would initially suffer from those policies but promised that ‘ordinary people’ would benefit from economic reforms.
Shamal Darfur France General Al Khartum Kristalina Georgieva Mohamed Sheikhoun Hafez Ghanem

Sudan officially clears AfDB arrears: statement

May 12, 2021 (KHARTOUM) - The African Development Bank (AfDB) announced today that the process to clear Sudan's arrears has been officially completed. "The clearance of Sudan's arrears was made possible with the support of the United Kingdom government through bridge financing of GBP148 million to clear Sudan's arrears to the African Development Fund. Sweden provided grant financing of about $4.2 million to meet Sudan's burden-share for the...
United States France General United Kingdom Al Khartum Republic Of Ireland Olsson Fridh
Source: msn.com

IMF takes 'critical step' towards Sudan's debt relief

May 11 - 2021 KHARTOUM / WASHINGTON D.C. IMF logo (IMF) The International Monetary Funds (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 ...
United States France General Nnenna Nwabufo Kristalina Georgieva Jibril Ibrahim International Monetary Fund

Sudan inches closer to debt relief after second IMF review

SHARE The International Monetary Fund (IMF) said it reached a staff-level agreement with Sudan, a step that brings the North African country closer to debt relief. A sustained strong performance under the staff-monitored programme is one of the requirements for Sudan to reach the "decision point" to qualify for debt relief under the Heavily Indebted Poor Countries (HIPC) initiative, the Washington-based lender said in a statement. “Despite very challenging conditions which are exacerbated b...
World Bank District Of Columbia United States Carol Baker Gebreil Ibrahim Gebreilibrahim Omar Al Bashir

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