Intensified Sudanese Moves to Restore Partnership with the World Bank and Accelerate Debt Relief

 

Sudan has taken an important step toward breaking international financial isolation, as the Spring Meetings of the International Monetary Fund and the World Bank, held in Washington, witnessed intensive diplomatic and economic efforts by the Sudanese delegation aimed at restoring full cooperation with international financial institutions and advancing the external debt relief file.

The State Minister at the Ministry of Finance, Mohamed Noor Abdel-Daem, together with the Governor of the Central Bank of Sudan (CBOS), Amna Mirghani, held a “productive” meeting with the Executive Director for the United Kingdom at the World Bank Group and the International Monetary Fund.

The meeting focused on ways to support Sudan during the reconstruction phase and to overcome obstacles imposed by the war on the economic trajectory.

During the meeting, the Sudanese delegation reviewed the “Government of Hope” vision for economic reform, affirming the state’s ability to achieve field and structural progress despite the current challenges. The delegation stressed its full commitment to completing the requirements of the Heavily Indebted Poor Countries (HIPC) debt relief program and to implementing reforms that enhance financial stability and support the return of sustainable growth.

The Sudanese delegation explained that restoring partnership with the World Bank represents a “top priority” for financing infrastructure projects and productive sectors, calling on the international community to accelerate the handling of the debt file to open the door to concessional financing.