KHARTOUM (Reuters) – The International Monetary Fund and the World Bank said on Friday in a joint statement they consider Sudan eligible for assistance under the enhanced heavily indebted poor countries (HIPC) initiative based on a preliminary assessment.
“It provides a clear acknowledgement of Sudan’s sustained implementation of key economic and financial reforms under its staff-monitored program with the IMF,” IMF Managing Director Kristalina Georgieva said on Friday.
(Reporting by Nafisa Eltahir; Writing by Nadine Awadalla; Editing by Chris Reese)