Economic

Plan to Support Sudan and Debt Relief Consultations

Sudan Events – Rahab Abdullah

Dr. Mohammed Suleiman Al-Jasser, the President of the Islamic Development Bank Group, has revealed a plan to support Sudan following the cessation of the war. Additionally, there are consultations with various parties to assist Sudan in managing its debts. He confirmed this during his meeting with Sudan’s Minister of Finance, Dr. Jibril Ibrahim, on the sidelines of the International Monetary Fund and World Bank joint meetings in Marrakech. They both expressed their solidarity with Sudan.

On his part, Dr. Jibril disclosed that the economy has been significantly affected, with a decrease in revenues due to the war since April 15. This has hurt all economic indicators. He also mentioned that the agricultural season is promising, and they are now facing winter season commitments to ensure food security for the citizens. He requested the bank’s assistance in capacity building and digital transformation within the Ministry.

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