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.