June 17, 2022 (KHARTOUM) – Paris Club countries decided to suspend Sudan’s debt removal process as the finance minister said they seek to attract Arab financial institutions to invest in Sudan.
On 15 July 2021, the Paris Club signed a multilateral agreement with Sudan providing to write off $14.1 billion of $23.5 billion in debt, most of which is composed of arrears and late interests.
The remaining $9.4 billion would be cancelled within…
