€150 million in debt relief to Sudan

The Netherlands government plans to allocate €150 million in debt relief to Sudan in its 2014 budget, Sudan Tribune reports. A UN peacekeeper is approached by playful children inside Abu Shouk Internally Displaced Persons (IDP) Camp in Darfur, Sudan. Photo: US / Flickr Lilianne Ploumen, the Dutch minister for foreign trade and development cooperation, told lawmakers last week that Sudan must first satisfy the requirements set forth by the International Monetary Fund (IMF) and the World Bank (WB). The IMF has projected Sudan’s debt to hit $45 billion in 2013, amounting to 85.8% of its GDP.