Bangladesh gives Tk 650m to Sudan in debt relief

Wednesday, 16 June 2021

Bangladesh has provided Sudan with Tk 650 million in debt relief in a bid to alleviate poverty in the African nation.

The fund was handed over to Sudan in response to a call by the International Monetary Fund, the finance ministry said in a statement on Wednesday, reports bdnews24.com.

Sudan, a member of the Organization of Islamic Cooperation, or OIC, has been crippled by debt and poverty and financial assistance is expected to help overcome the crisis.

Last year, Bangladesh also handed Tk 80 million to help Somalia combat poverty as part of the IMF initiative.