Washington, DC: Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement following approval by the IMF Executive Board on a financing package for Sudan:
Today, the IMF Executive Board approved a financing plan that will help mobilize the resources needed for the IMF to cover its share of debt relief to Sudan. This financing plan relies on a broad effort of IMF member countries, including cash grants and contributions derived from IMF internal resources.
This marks a critical step in helping Sudan advance the process of normalizing relations with the international community and make progress towards achieving debt relief under the Heavily-Indebted Poor Country (HIPC) Initiat…
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