Sudan will sell its Special Drawing Rights at IMF, says finance minister ...Sudan

October 23, 2022 (KHARTOUM) –Finance Minister Gibril Ibrahim announced that his government plans to sell Sudan’s Special Drawing Rights (SDR) to the International Monetary Fund (IMF) as the country has no sufficient resources to fund its programmes. Sudan has the equivalent of one billion dollars of SDR, which is part of a loan of 2.4 billion dollars approved by the IMF on June 29, 2021. the remaining 1.4 billion dollars served to pay off its debts to the Fund. The loan was agreed upon within the framework of international efforts to support the civilian government to become eligible to benefit from the Heavily indebted poor countries (HIPC) initiative after 30 years of international isolat

Hence then, the article about sudan will sell its special drawing rights at imf says finance minister was published today ( Sunday 23/10/2022 - 01:00 PM ) and is available on sudantribune ( Sudan ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Sudan will sell its Special Drawing Rights at IMF, says finance minister )

Last updated : 23 October 2022 clock 01:00 PM

Also on site :

Sudan will sell its Special Drawing Rights at IMF, says finance minister ...Sudan

Shabab Hadramaut Al Mukalla, Fahman win in general football league

Tangible efforts by Hamdan District Public Works Office in Sana’a during April

Mass Rallies in Hodaida Affirm Readiness

Labour loses control of Birmingham with Reform and pro-Gaza independents poised to shatter party's dominance of crisis-hit City Council

Mass Rallies in Sadah Affirm Readiness

Protests in Taiz continuing mobilization, steadfastness on principled position with Gaza Palestine & Hezbollah

Zakat Office in Capital Secretariat provides over 3,000 medical assistance cases for poor worth one billion riyals

Speaker of Parliament congratulates his Russian counterpart on 81st anniversary of Victory Day

Keep very still and you might just spot him... the very busy British postman delivering crates of David Attenborough's 100th birthday cards

Egypt secures $1B World Bank financing package backed by UK guarantee to support reforms and green growth

Can Angela even save her OWN Commons seat? Body blow to Rayner's Labour leadership ambitions as Reform sweeps board on her local council

Summer sports activities continue in Hajjah

Mass rallies in Raymah affirm readiness to confront enemies & support Gaza

Monday launch of free eye care camp in Damt District, Al-Dhale& 039;

Women& 039;s Authority in al-Durayhimi commemorates Tanuma, Sadwan massacre