Sudan clears final hurdle for debt relief at Paris conference – Reuters

Sudan clears final hurdle for debt relief at Paris conference – Reuters

IMF member countries have agreed to clear Sudan's arrears to the institution, France's president said on Monday, removing a final hurdle to the African nation getting wider relief on external debt of at least $50 billion.

Hosting a conference for Sudan in Paris, French President Emmanuel Macron also kick-started the broader debt relief effort, saying his country was in favour of fully cancelling the $5 billion it is owed by Khartoum.

Sudan is emerging from decades of economic sanctions and isolation under ousted former President Omar al-Badri.