The Sudanese Minister of Finance and Economic Planning, Dr. Jibreel Ibrahim, confirmed that talks are underway with the African Export-Import Bank to resume operations in Sudan.
Ibrahim revealed that discussions are underway to reach an agreement and understanding on how to deal with Sudan’s debts and arrears to the bank, within the framework of openness and the tendency to improve relations with international financial institutions.
This came during the finance minister’s meeting at his office, on Tuesday, with the delegation of the African Export-Import Bank, headed by Mr. Benedict Orama, President of Afreximbank, and his accompanying delegation.
The Bank had sent a delegation to discuss the technical and financial aspects of the return of the Bank’s work inside Sudan.
The delegation met with technicians in the Ministry of Finance and Economic Planning and the Central Bank of Sudan to enhance technical support provided by international institutions, in preparation for Sudan’s return to the international financial system.
Afreximbank had previously announced its approval to provide an amount of 700 million dollars to Sudan through the recently held Paris conference.
The 700 million dollar financing will be allocated to support the energy and communications sectors in Sudan.