Sudan Partnership Conference pledges over 1.8 billion dollars in support for the Sudan

27 Juin 2020

Khartoum, Sudan, June 27 (Infosplusgabon) - The Sudan partnership conference held via videoconference in Berlin, Germany, Thursday ended with a strong political and economic support for Khartoum’s young transitional government.

“Sudan is at a historic turning point: On its way to peace and democracy, many challenges lie ahead. To sustain the momentum and make the political and economic transition a success, the High-Level Sudan Partnership Conference today gathered around 50 countries and international organisations,” said a tripartite statement by the European Union, the German government, Federal Republic of Germany, the European Union, the United Nations and the Republic of Sudan.

It pointed out that during the conference, the participants took stock of the achievements of the Sudanese transition so far, and discussed the challenges ahead.

Building on the progress made by the transitional government in putting in place political and economic reforms, a strong political consensus emerged to support Sudan and its transition in building peace, democratic governance and inclusive economic recovery as well as in progressing towards debt relief.

It said the participating delegations agreed on a joint communiqué, which underlined the necessity of this political partnership and economic support as well as the way forward to support Sudan in its transition.

“To support Sudan’s economic reforms and mitigate their social impact on its population, international partners pledged a total of USD 1.8 billion, to which the World Bank committed to providing an additional pre-arrears clearance grant of up to USD 400m.

This includes support to improving macro-economic stabilisation and the Sudan Family Support Program, which will provide vital assistance to millions of vulnerable people, direct help to enhance Sudan’s capacity to respond to COVID-19, and more generally, humanitarian assistance and development cooperation,” the release said

It said the conference marked the start of a process, which would be followed by subsequent engagement by the international community to take stock of the progress made by Sudan in implementing reforms and to allow its partners to adapt their support accordingly.

Organizers said over 50 states, organizations and monetary institutions took part in the one day conference, hosted by Germany and the Sudan.

FIN/ INFOSPLUSGABON/PML/GABON2020

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