World Bank, IMF say Sudan eligible for debt relief after US deal ...Kuwait

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Sudan received more than $1 billion from the United States, prompting the World Bank and IMF to confirm it is now eligible for debt relief. The United States confirmed on Friday that it has assisted Sudan with more than $1 billion to help clear arrears at the World Bank as it hailed reforms by the civilian-backed government. Following the announcement, the Washington-based development lender and the IMF said in a joint statement that Sudan could now be eligible for relief on its nearly $50 billion in external debt under the Enhanced Heavily Indebted Poor Countries program. "This is a breakthrough at a time when Sudan needs the world's help to support its development progress," World Bank Pre

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