KHARTOUM, 7 January 2021 – The United States has extended a short-term loan of $1.2 billion to help Sudan clear its arrears with the World Bank, US Treasury has said.
American Treasury Secretary Steven Munchin made the announcement during his first visit to Khartoum.
Last December, Washington finally removed Sudan from its list of “state sponsors of terrorism”.
Munchin met with the duo who manage the caretaker transition government of Sudan, Prime Minister Abdallah Hamdok and General Abdel Fattah Abdelrahman Burhan.
The two are at the helm of the power-sharing deal put together after the collapse in 2019 of long-serving dictator Omar al-Bashir.
The Sudanese economy has been badly-hit by the new coronavirus, facing acute currency shortages and high inflation.