Reuters: Sudan denied $650 million in funding after coup

Reuters: Sudan denied $650 million in funding after coup

During the month of November, Sudan was unable to access $650 million in funding after the October 25 th caused international donors to pause their donations.

AlTaghyeer: Reuters: Agencies

According to Reuters, Dr. Jibreel Ibrahim, Finance Minister in Hamdok’s dissolved government and leader of the Justice and Equality (JEM) movement, revealed to Reuters that the funding Sudan was anticipating included $500 million “in budget support from the World Bank and $150 million in special drawing rights from the International Monetary Fund.”Ibrahim told Reuters that the suspension of international support would mainly affect development projects in areas such as […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.