Wednesday, July 15, 2020

Sudan to Receive $ 1.8 Billion in Aid to Ease the Economic Crisis

Must Read

Senate urges FG to revise age limit for Nigerians seeking employment

The Senate urged the Federal Government on Wednesday to establish a committee to review the age limit that inhibits...

Qatar 2022 World Cup to start at Al Bayt Stadium as announced

Qatar will start the 2022 World Cup at Al Bayt Stadium in Al Khor, organizers announced Wednesday as they...

Edo, Lagos, Kaduna consistent with pension subscription ― PenCom

On the back of far-reaching reforms by the Governor Godwin Obaseki-led administration in furtherance of its commitment to the...

Foreign donor nations pledged $ 1.8 billion at a conference organized by Germany to help Sudan ease an economic crisis hampering its transition to democracy after the fall of Omar al-Bashir.

The European Union promised 312 million euros ($ 350.13 million), the United States $ 356.2 million, Germany 150 million euros, France 100 million euros and Great Britain £ 150 million for humanitarian and development programs, the main one of which planned Cash transfers to poor families with help from the World Bank, officials said at the online event.

Saudi Arabia, which said it had given Sudan $ 500 million in the past year, donated just $ 10 million. The United Arab Emirates donated $ 50 million.

The two Gulf countries had promised a $ 3 billion grant to Sudan in the form of cash and commodities after the military ousted Bashir in April 2019, but it is unclear how much has arrived in the country as a whole.

China and Spain were among the countries offering to help Sudan ease its debt, which is around $ 56 billion.

Africa News

All rights reserved. This material and any other digital content on this platform may not be reproduced, published, transmitted, written or distributed in whole or in part, without the written permission of NEWS.

- Advertisement -

Latest News

Senate urges FG to revise age limit for Nigerians seeking employment

The Senate urged the Federal Government on Wednesday to establish a committee to review the age limit that inhibits...

Qatar 2022 World Cup to start at Al Bayt Stadium as announced

Qatar will start the 2022 World Cup at Al Bayt Stadium in Al Khor, organizers announced Wednesday as they revealed the schedule for the...

Edo, Lagos, Kaduna consistent with pension subscription ― PenCom

On the back of far-reaching reforms by the Governor Godwin Obaseki-led administration in furtherance of its commitment to the welfare of workers, Edo State...

Northern Muslims only; don’t trespass News

EVEN before Mohammed Umar was sent by President Muhammadu Buhari to replace Ibrahim Magu, the suspended Acting Chairman of the Economic and Financial Crimes...

I have no hand in your detention, IGP tells Magu

IGP ADAMUP – Abuja The Inspector-General of Police, IGP Mohammed Adamu has told the suspended acting Chairman of the Economic and Financial Crimes Commission, EFCC,...
- Advertisement -

More Articles Like This

- Advertisement -