News By Country Sudan: Why and how France’s President Macron ‘cancelled’ $5bn...

Sudan: Why and how France’s President Macron ‘cancelled’ $5bn in debt

-

France is Sudan’s second-largest creditor. The majority of Khartoum’s debts are due to late penalties, and Paris’s debt forgiveness is part of Sudan’s complex worldwide diplomatic and economic efforts.

Sudan’s prime minister Abdallah Hamdok was satisfied when he left the International Conference to Support the Sudanese Transition, which was held on 17 May in Paris. Not only did the former diplomat and senior official obtain a $1.5bn bridge loan from France, but France’s President Emmanuel Macron also announced that Sudan’s $5bn debt to France would be cancelled.

The French head of state reiterated that this conference, which he had promised 18 months ago, was intended to “mobilise the international community” in order to “allow the return to the family of nations” of a country whose youth had “spread a message of hope and courage” by overthrowing Omar al-Bashir’s dictatorial regime in 2019.

Alain Faujas, Joël Té-Léssia Assoko, Marie Toulemonde
+ posts

Latest news

36 Fully Funded PhD Programs at Max Planck Society, Germany

Are you holding Master’s degree and looking for fully funded PhD positions? Max Planck Society, Germany invites online application...

Novgorod: Academic Tournaments, Jobs, Education, and Discussions

After dealing with the Azerbaijan-Armenia conflict in the morning, Putin went to one of Russia’s oldest cities to talk with the...

Avoiding the War on Terror would have saved over 10 million lives at home and abroad

The peace movement in various parts of the world has emphasized in various contexts that if the huge amounts...

Putin’s Butt-sitting Leading to More Escalation

Putin’s Butt-sitting Leading to More Escalation Paul Craig Roberts Russian media now turning on the butt-sitter, demanding an end to his...

RT Crosstalk: NATO All In Despite Sinking Like Titanic

Western elites and their compliant media have signaled that the Ukraine proxy war is primarily aimed at weakening and...

Netanyahu tells UN that Israel is ‘at the cusp’ of a historic agreement with Saudi Arabia

UNITED NATIONS (AP) — Israeli Prime Minister Benjamin Netanyahu told the U.N. General Assembly on Friday that Israel is...

Must read

36 Fully Funded PhD Programs at Max Planck Society, Germany

Are you holding Master’s degree and looking for fully...

Novgorod: Academic Tournaments, Jobs, Education, and Discussions

After dealing with the Azerbaijan-Armenia conflict in the morning,...

You might also likeRELATED
Recommended to you