Sudan: IMF announces financing plan aimed at debt relief

Washington: The IMF executive board on Monday approved a financing plan “to cover its share of debt relief to Sudan,” Managing Director Kristalina Georgieva announced.

“This marks a critical step in helping Sudan advance the process of normalizing relations with the international community,” Georgieva said, adding that the “plan relies on a broad effort of IMF member countries, including cash grants and contributions derived from IMF internal resources.”