In the News
Debt Relief - Sudan Clears Hurdles for Debt Relief Agreement
20th May 2021
The IMF is clearing Sudan's $50bn arrears to the institution, and in doing so, hopefully improving Sudan's economic problems.
The country currently has shortages of essential goods, inflation of 300% and a foreign currency shortage - and it is hoped that this will enable the new government to start tackling deep-seated economic problems via the Highly Indebted Poor Countries (HIPC) initiative.
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