Managing Director Georgieva's Closing Remarks at the Sudan Conference
IMF News, May 17, 2021
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- Published: May 17, 2021
Conference outcome and tone
- "It has been an honor to be here at this conference to celebrate and foster Sudan’s return to the international community."
- "I am very encouraged by the very strong expressions of support heard from all participants."
Financing gap and donor contributions
- The day began "with a financing gap to clear Sudan’s arrears to the IMF and deliver the IMF’s share of HIPC debt relief."
- The financing gap was filled "thanks to most welcome new grants from Saudi Arabia and France, complementing earlier pledges from the United States, the European Union, Italy, and Sweden."
- Emphasis on the IMF’s role in delivering its share of HIPC debt relief.
Call for formal commitments and urgency
- Request: "We still need IMF member countries to convert informal pledges of support for the financial package for Sudan into formal commitments."
- Urgency stressed: "I again urge every member country to do so urgently. We are down to the wire, but I know we will get there with your support."
Press contact and metadata
- Date: May 17, 2021
- IMF Communications Department, MEDIA RELATIONS
- PRESS OFFICER: Nadya Saber
- Phone: +1 202 623-7100
- Email: MEDIA@IMF.org
Managing Director Georgieva's Closing Remarks at the Sudan Conference — May 17, 2021, IMF Communications Department