France to cancel $5 billion Sudan debt: Macron

AFP , Monday 17 May 2021

French President Emmanuel Macron gives a joint press conference with Sudan's Sovereign Council Chief and Sudan's Prime Minister during the International Conference in support of Sudan at the temporary Grand Palais in Paris, on May 17, 2021. AFP

France will cancel almost $5 billion in debt owed by Sudan to Paris as part of efforts to help the country in its transition to democracy after the ousting of authoritarian leader Omar al-Bashir, President Emmanuel Macron said on Monday.

"We (France) are in favour of an outright cancellation of our debt to Sudan" which amounts to "nearly $5 billion", Macron said after an international summit on Sudan, saying the country needed to be rid of its "burden" of debt in order to move forwards.

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