ADVERTISEMENT
Sudan PM Says Country Needs $8 Billion in Aid: Arabiya
Sudan PM Says Country Needs $8 Billion in Aid: Arabiya
25 Aug 2019, 12:14 PM IST
(Bloomberg) -- Sudan’s Prime Minister Abdalla Hamdok said the country requires $8 billion in foreign aid for the next two years to cover its import bills and regain trust in its currency, Al Arabiya Television reported.
Hamdok said Sudan will need $2 billion in foreign deposits to stop the African nation’s pound from falling further. The prime minister said Sudan has started negotiations seeking to have the U.S. remove the country from its terrorism-sponsor list, according to Al Arabiya.
To contact the reporter on this story: Nadeem Hamid in Washington at nhamid3@bloomberg.net
To contact the editors responsible for this story: Sebastian Tong at stong41@bloomberg.net, ;Lin Noueihed at lnoueihed@bloomberg.net, Jim Silver
©2019 Bloomberg L.P.
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT