Middle East Economic Survey
China Forgives $6Mn In Sudanese Debt
China has signed an agreement to forgive $6mn of the debt owed to it by Sudan. Local media have reported that the amount is related to non-interest loans issued to Sudan by China in 1995. Minister of Finance and National Economy, 'Ali Mahmud Hasanain, said that the decision was a reflection of continued strong relations between the two countries. Sudan remains highly indebted, with its total...