Latest News for: Finance sudan

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KSrelief Supervisor General meets with Sudanese Finance Minister

Urdu Point 30 Apr 2024
... work in Sudan and other matters of common interest.The ..
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South Sudan takes huge oil-backed loan

Business Day 29 Apr 2024
Nairobi — A Dubai-based firm has agreed to lend South Sudan’s government $12bn in exchange for repayment in oil, according to a copy of the deal’s term sheet and an unpublished UN report, potentially piling pressure on squeezed public finances.
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UAE company agreed to loan $13B to South Sudan in exchange for oil

Al Monitor 27 Apr 2024
... Hamad Bin Khalifa Department of Projects (HBK DOP) and South Sudan’s then-Finance Minister Bak Barnaba Chol had seemingly agreed to the loan in documents signed between December and February.
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Sudan's economy suffers losses estimated at billions of dollars

Kuna 23 Apr 2024
Sudan's Minister of Finance Dr ... Wael Fahmy told KUNA that the estimates of the Minister of Finance are equivalent to the cost of daily expenses spent on military operations, at a rate of half a billion ...
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UK accused of double counting £500m of aid to meet climate pledge

AOL 16 Apr 2024
Thirty per cent of the spend towards basic humanitarian provisions in Yemen, Afghanistan, Somalia, the Democratic Republic of the Congo, Uganda, Zimbabwe and Sudan will now automatically count as climate finance.
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El-Fasher clashes raise concerns of expanding conflict in Sudan’s Darfur

Press TV 15 Apr 2024
Sexual violence in Sudan may amount to war crimes ... Unrest has soared there since the two most powerful armed groups, led by Darfur governor Mini Minawi and Sudan’s finance minister Gibril Ibrahim, vowed to fight alongside the army.
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Economic fallout of Sudan war deepens hunger crisis for millions

Capital Ethiopia 13 Apr 2024
In Sudan, areas of agricultural land have turned into battlegrounds, while farms and businesses stand abandoned as people have fled for safety ... Sudan will be unable to finance the import of sufficient food stocks to cover the shortfall.
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Sudan’s silent suffering, one year into generals’ war

Gulf-Times 13 Apr 2024
... in early March that Sudan had lost “80% of its income”.Days later, the situation became even more precarious when the energy minister declared force majeure over a “major rupture” on an oil pipeline.
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Sudan's silent suffering, a year into generals' war

Beijing News 12 Apr 2024
Port Sudan, Sudan - Millions displaced and on the brink of famine ... Gibril Ibrahim, finance minister in the army-aligned government, said in early March that Sudan had lost '80% of its income.'.
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Sudan Lodges Complaint Against UAE’s Support for Militia: Escalating Tensions in the Region

Watan 30 Mar 2024
... of Sudan ... In a related context, Sudan’s Foreign Minister, Ali Siddiq, accused the UAE of “financing and arming the Rapid Support Forces.” ... Sudan Witnesses Worst Humanitarian Crisis.
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South Sudan's economy seeks diversification amid oil blockade

Xinhua 28 Mar 2024
JUBA, March 28 (Xinhua) -- South Sudan is working to diversify its economy following the oil blockade on the Red Sea, which has cut off oil revenue flows that finance 95 percent of the nation's fiscal budget, a senior official said Thursday.
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South Sudan looks to exploit Gum Arabic amid slump in oil export

China.dot.org 24 Mar 2024
South Sudan, which relies 95 percent on oil revenues to finance its annual fiscal budget, faces hurdles to exporting its crude oil through Port Sudan due to conflict in neighboring Sudan.
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EU to bolster Egypt ties with billions of euros in funding

Ekathimerini 17 Mar 2024
Egypt’s finance minister has said the government has lined up a total of 20 billion dollars in multilateral support after increasing its loan and economic reform program with the IMF ... financing.
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