Financial and Banking News


Sudan's Foreign and local Debt Amounts to $13.3bn 

The Sudanese Prime Minister, Mr. Sadiq al-Mahdi, disclosed in a wide-ranging policy speech presented on 7 July before the Sudanese Parliament that Sudan's total debt (both foreign and local) amounts to $13.3bn. Mr. Mahdi indicated that the country's local debt amounted to S£8.9bn ($3.63bn) Slaving a foreign debt figure of $9.67bn.

Mr. Mahdi said that his government...