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Foreign Ministry welcomes Paris Club decision relieving $14.1 billion of Sudan’s debts

by The African Spectator
July 18, 2021
Reading Time:2min read
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Foreign Ministry welcomes Paris Club decision relieving $14.1 billion of Sudan’s debts
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he Sudanese Ministry of Foreign Affairs has welcomed the decision of members of the Paris Club to relieve 14.1 billion dollars of debts from Sudan and called on other creditors to follow suit.

The ministry said in a press statement that it joins its voice to the official welcome issued by the government and in praising the decision of the members of the Paris Club on July 15 to relieve 14.1 billion dollars of their debts to Sudan, as a first step in the framework of comprehensive treatment after the country reached the decision point under the HIPC initiative on June 28.

The statement added, with this big step, Sudan has strengthened its steps on the right path in the process of reforming the national economy and has created conducive environment for the return of foreign investment to contribute with the national private sector in the process of construction and development.

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It pointed out that Sudan would not have reached these advanced stages in this process and would have been qualified to receive this international support had it not been for the sacrifices of its people that they made in its glorious revolution, and had it not been for the patience of the Sudanese people over the hardships and consequences of the comprehensive economic reform process that the government followed and enabled it to reach the decision point.

The Ministry expressed thanks and appreciations to the countries that supported Sudan and stood by till it reached this advanced stage.

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