Financial and Banking News


US Increases Aid to Sudan in 1985

Sudan will receive a total of $250mn in US aid during 1985, an increase of $30mn over 1984, according to the US ambassador to Sudan, Mr. Hume Horan, in a statement to the Sudan News Agency (SUNA) on 29 December. The increased aid will be earmarked for combating drought and desertification (MEES 11 June 1984).

On 28 December, an agreement was signed between the two countries under which Sudan will receive a loan of...