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

Ilhan Omar Fends Off Corporate Primary Challenger

"Ilhan Omar has faced some of the ugliest attacks of any elected official and had hundreds of thousands of...

US Genocide and Bigotry Shaped Nazi Race Law

The U.S. stood at the forefront in the creation of de jure and de facto second-class citizenship for Black...

NATO Learns Nothing and Forgets Nothing

NATO Secretary-General Jens Stoltenberg seems unable to free himself of his dangerous delusions All Global Research articles can be read in...

APD responds to viral encounter with woman during citation with bodycam video

Atlanta Police Department released footage to show the moments leading up to the now-viral interaction. ATLANTA — Editor's note: 11Alive has...

Must read

You might also likeRELATED
Recommended to you