Latest News

Sudan’s PM wants $8 billion in aid to rebuild economy

Sudan’s new prime minister Abdalla Hamdok (File/Supplied/Nyamilepedia)

August 25th 2019 (Nyamilepedia) – Sudan’s newly appointed prime minister Abdalla Hamdok has said he wants a $8 billion aid package to rebuild the country’s troubled economy.

Hamdok, a former United Nations official, was appointed last Tuesday by the leader of the Sovereignty Council, al-Burhan, to lead a transitional government which is tasked to make reforms.

The 61-year-old economist said in an interview with Reuters that he had started talks with the IMF and the World Bank to discuss restructuring Sudan’s crippling debt, and had approached friendly nations and funding bodies about the aid.

We are in communication to achieve this,” Hamdok said in his first interview with a foreign media outlet. “The foreign reserves in the central bank are weak and very low.”

We want to take the Sudanese economy from an economy based on consumption and imports to a productive economy, and stop exporting products such as livestock and agriculture as raw materials,” Hamdok said.

Related posts

US diplomat blames continuation of war on UN security council’s unwillingness to see peace in South Sudan


FVP’s office denies Kiir’s Lobonok comments delayed party reunification


South Sudan decries America’s “double standards” on peace implementation


Tell us what you think

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: