Sudan has obtained the much-needed debt relief from the International Monetary Fund which will see part of its $60 billion debt settled and Khartoum allowed back into borrowing eligibility.
The move announced by the IMF under the ‘decision point’ step means Sudan has become the 38th country in the world to obtain debt relief under a scheme known as Heavily Indebted Poor Countries Initiative [HIPC] by the IMF and the World Bank.
