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IMF ends international isolation

    NAIROBI

    He told journalists on his return from Washington on Saturday that of this amount, Sudan owed US $1.6 billion to the IMF, AFP reported. said the minister. With the resumption of lending rights, the finance minister said he expected commercial, financial and economic institutions to deal again with Sudan after years of international isolation. “This IMF resolution testifies to the positive results of Sudan’s economic management and to the country’s sincerity towards repaying its debts,” AFP quoted him as saying. Sudan had received 80 percent of the votes from the IMF’s executive board, with Canada and the US voting against the move “for political reasons”, he said.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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