KHARTOUM (Reuters) – Sudan wants as much as $5 billion in funds help to avert financial collapse and launch reforms after the ouster of veteran ruler Omar al-Bashir, its finance minister advised Reuters.
FILE PHOTO: Sudanese residents store in a bazaar in Khartoum, Sudan, Could 4, 2019. REUTERS/Umit Bektas
The nation, in disaster since shedding most of its oil wealth with South Sudan’s secession in 2011, has solely sufficient overseas forex reserves to fund imports for just a few weeks, stated Ibrahim Elbadawi, a part of a transitional authorities shaped in August.
Sudan has had some help for gas and wheat imports however about 65 p.c of its 44 million…