Categories: U.S. Treasury

READOUT: Treasury Co-Hosts Sudan Debt Relief Roundtable Event

WASHINGTON – Earlier today, Andy Baukol, Performing the Duties of Under Secretary of the Treasury for International Affairs, and Ambassador Donald Booth, U.S. Special Envoy for Sudan, co-hosted a virtual roundtable event to advance Sudan’s efforts to secure debt relief under the Heavily Indebted Poor Countries (HIPC) initiative.  Treasury welcomed the participation of His Excellency Dr. Gebril Ibrahim, Sudan’s Minister of Finance and Economic Planning, along with representatives from over 20 countries and from the IMF, World Bank, African Development Bank, and Paris Club.  Mr. Baukol highlighted the progress Sudan’s civilian-led transitional government has made in implementing macroeconomic reforms.  He also outlined the remaining steps in the path to debt relief, called on participants to fully support Sudan in its efforts to reach the first phase of the HIPC process by mid-2021, and urged all IMF members to support expeditious clearance of Sudan’s IMF arrears.  

###

IR Press

Share
Published by
IR Press

Recent Posts

Treasury Targets Organization with Ties to Violent Actors in the West Bank

WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is…

22 hours ago

Treasury Issues Final Regulations to Sharpen and Enhance CFIUS Procedures and Enforcement Authorities to Protect National Security

WASHINGTON – Today, the U.S. Department of the Treasury (Treasury), as Chair of the Committee…

22 hours ago

Remarks by Secretary of the Treasury Janet L. Yellen at the Financial Literacy and Education Commission Meeting

As Prepared for DeliveryGood afternoon. Let me start by thanking you for your continued work…

5 days ago

Treasury Targets Syrian Conglomerate Funding Qods Force and Houthis

WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned…

5 days ago

OCC Announces Two New Deputy Comptrollers for Large Bank Supervision

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced the promotions of Robert…

5 days ago

Remarks by Assistant Secretary for Economic Policy (P.D.O.) Eric Van Nostrand on U.S. Business Investment in the Post-COVID Expansion

As Prepared for DeliveryI am honored to join you at PIIE, an institution that has…

6 days ago