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>Business >Sudan Prime Miniter hopes to Clear $60 billion foreign debt this year

Sudan Prime Miniter hopes to Clear $60 billion foreign debt this year

The Prime Minister of Sudan, Abdalla Hamdok hopes the country can clear out its outrageous $60 billion foreign debt bill this year by securing deals and relief at an upcoming Paris conference that could bring much-needed investment.

The seasoned UN economist-turned-premier took office at the head of a transitional government shortly after the 2019 ouster of President Omar al-Bashir whose three-decade iron-fisted rule was marked by economic hardship, deep internal conflicts, and biting international sanctions.

In the past two years, Hamdok and his government have pushed to rebuild the crippled economy and end Sudan’s international isolation.

New Release: The African Economic Congress 2020 Report.