An international conference on Thursday pledged to provide around 1.8 billion U.S. dollars to Sudan to help the northeast African country battle an economic crisis, a senior Sudanese official said.
Countries and international organizations participating in the Sudan Partnership Conference will provide a total of 1.8 billion dollars to finance the country’s transitional period, Sudan’s Information Minister Faisal Mohamed Saleh told reporters after the meeting.
The donor conference, held through video link, was co-hosted by Germany, the European Union, the United Nations and Sudan. France, Britain, Saudi Arabia and the United Arab Emirates also joined the meeting.
The EU said it would offer 312 million euros (350 million dollars), while Germany pledged to give 150 million euros. The conference took place a little more than a year after Sudanese President Omar al-Bashir was toppled by massive protests after 30 years in power.
Sudan is still facing a dire economic crisis, with the inflation rate reaching 100 percent in May and its currency dropping to a record low of about 140 Sudanese pounds to one dollar on the black market.