Earlier this month, the IMF approved an increase in member countries' reserves amounting to $ 650 billion to help increase liquidity in economies most weakened by the coronavirus pandemic.
The IMF "has allocated (...) the equivalent of $ 857.68 million to Sudan and this amount is available without restriction in view of the economic situation," said the Sudanese central bank.
A country plunged into a deep economic crisis
After 30 years of mismanagement under the authoritarian reign of Omar al-Bashir, overthrown in April 2019 under pressure from a popular movement, and US sanctions, Sudan is plunged into a deep economic crisis that the transitional government has promised to curb.
The government has since obtained the removal of Sudan from the US blacklist of countries supporting terrorism, which has allowed the lifting of sanctions against it.
But in recent months, the removal of fuel subsidies as well as the introduction of a floating exchange rate as part of IMF-backed reforms aimed at reducing the country's external debt by $ 50 billion have sparked the discontent of the population, encouraged by the government to show patience.
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