Paris Club exempts $14.1 bn of Sudan’s debts – minister

Sat, Jul 17, 2021
By editor
1 MIN READ

Foreign

SUDAN’S Finance Minister, Jibril Ibrahim announced late on Friday that his country had received relief from its $14.1 billion debts to Paris Club.

“Sudan’s remaining debts, which stand at $9.5 billion, have been rescheduled until reaching the completion point in the Heavily Indebted Poor Countries (HIPC) Initiative.

“This is with the suspension of debt service payments during this period,’’ said Ibrahim in a statement.

He pledged seeking similar or better results with creditor countries outside the Paris Club.

Sudan is seeking exemption of

NAN

– July 17, 2021 @ 15:18 GMT /

Tags:


Yuan strengthens 7.1886 against dollar 

THE central parity rate of the Chinese currency renminbi, or the Yuan, strengthened one pip to 7.1886 against the dollar...

Read More
Chinese researchers develop green, effective pesticide formulation

CHINESE scientists have developed a new eco-friendly pesticide formulation that enhances pest control and safe for crops and the environment....

Read More
2 dead in residential building fire in Singapore

TWO people died on Thursday afternoon after a fire broke out in a residential block in eastern Singapore, authorities said....

Read More