Sudan has received more than $857 million as part of a global allocation by the International Monetary Fund to help vulnerable countries, the central bank said on Thursday. Earlier this month, the IMF approved $650 billion increase in cash reserves for member nations as they struggle to recover from the economic effects of Covid-19. The IMF "has allotted... the equivalent of $857.68 million to Sudan and it is available without restrictions given the current economic situation", the central bank in Khartoum said in a statement. It said the funding will allow it to "press ahead with implementing flexible managed float policies, stabilising the exchange rate, and the ov
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