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July 16, 2021 (PARIS) - The Paris Club of wealthy creditor countries has cancelled over $14 billion owed by Sudan in an effort to support the severe economic reforms engaged by the east African nation under the Highly Indebted Poor Countries (HIPC) initiativeParis Club sovereign creditors write off $14 bln from Sudan's debt
July 16, 2021 (PARIS) - The Paris Club of wealthy creditor countries has cancelled over $14 billion owed by Sudan in an effort to support the severe economic reforms engaged by the east African nation under the Highly Indebted Poor Countries (HIPC) initiative. In a statement issued on Friday, the Paris Club announced the cancellation of $14.1 billion of $23.5 billion in debt, most of which is composed of arrears and late interests. The 16 sovereign creditors further rescheduled the (...) - News / FRONT_PAGE_DISPLAY Read more











