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Sudan has long road ahead before foreign debt relief: World Bank*
Carolyn Turk made her remarks at an event held in Khartoum on 'Towards Inclusive Economic Growth in Sudan: Stabilization and Recovery' organized by Chatham House, the Royal Institute of International Affairs on 3 October.

Turk in her intervention recalled that Sudan can only benefit from debt relief under the Heavily Indebted Poor Countries (HIPC) Initiative when the International Financial Institutions (IFIs) see that it is committed to poverty reduction through policy change and demonstrate a good track over time.

"For debt clearance and access to international financing, IFI's need to be convinced that Sudan will not become further indebted and that the Sudanese economy is on a defined a sustainable pathway to reform a arrears clearance," Turk told the meeting which was addressed by Prime Minister Abdallah Hamdok and attended by government senior officials.

Sudan's removal from terror list "is a process, not an event": U.S. diplomat
[US Assistant Secretary of State, Bureau of African Affairs Tibor ]Nagy made his remarks in a telephone briefing with a number of journalists in response to the growing calls supporting Sudan removal from the state sponsor of terrorism list which limits its access to international financing institutions to rebuild the country after the collapse of the al-Bashir's regime.

"Removing the state sponsor of terrorism designation is not an event it is a process," he said in response to similar questions by the Sudan Tribune and the Wall Street Journal about hopes of delisting Sudan from the terror list.

"We can work with Sudan and new government to make that process goes as quickly as possible, but I cannot sit here today and give you dates, how long, when it will happen, what, because there is a number of legal constraints that tight up this process," he added.

Head of Sudanese presidency, Qatari Ambassador discuss bilateral relations
The former ruling military council had declined to receive the Qatari foreign minister Sheikh Mohammed bin Abdulrahman al-Thani after his arrival to Khartoum days after the ouster of the former president Omer al-Bashir.

On 26 June, the then deputy head of the military council admitted their mistake saying "we were wrong, we had not to boycott them, and we are supposed to welcome them like others".

* archived: The odious World Bank is a subsidiary of the IMF.
The principle functions of this institution is (1) lead generation to borrowers ...

Diversity is the key to economic and political evolution.
by Cat on Sat Oct 5th, 2019 at 05:22:01 PM EST
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