This archive report was first published on 26 June 2020.
On June 25, 2020, Sudan's Transitional government held a donors' pledging conference, where it sought debt relief and economic support from international partners to help reconstruct its economy.
At the conference, Sudan's Prime Minister Abdallah Hamdok expressed his government's commitment to implementing reforms to bring peace and secure the democratic transition.
Hamdok stated, "We are working to implement what is required to bring peace and secure the democratic transition."
The World Bank pledged a grant of $400 million to Sudan, while 40 different partners promised to send in a total of $1.8 billion.
However, Sudan's debt burden remains a significant concern, with an estimated $60 billion in debt and a debt-to-GDP ratio of 212% in 2018.
Donors, including Western and Arab nations, urged Sudan's political stakeholders to rally around the transitional government and move the country to full democracy.
UN Secretary General Antonio Guterres emphasized the need for financial support, stating, "We must be able to mobilise financial support for Sudan, and the world needs Sudan as a democratic country."
