Sudan Discusses Resuming Cooperation with Islamic Development Bank Group

Bangkok – Sudanhorizon

Sudanese Minister of Finance, Dr. Gibril Ibrahim, met with the President of the Islamic Development Bank (IsDB) Group, Dr. Muhammad Al-Jasser, to discuss resuming cooperation between Sudan and the Group. The talks, held on the sidelines of the Annual Meetings of the International Monetary Fund and the World Bank Group in Bangkok, Thailand, focused on strengthening support for Sudan’s economic recovery and reconstruction efforts.

The Minister commended the IsDB Group’s role in supporting development programs. He emphasized the importance of restoring and expanding cooperation to help address current economic and humanitarian challenges, and underscored the need to mobilize resources to support Sudan’s priorities in the coming period, according to a press release issued by the Ministry of Finance’s media office.

The meeting addressed ways to settle financial matters and finalize the arrangements necessary to resume the partnership. It also covered accelerating procedures for ongoing projects—most notably Al-Qadarif Water Project—and completing arrangements for a technical assistance grant related to the Treasury Single Account (TSA) project.

For his part, the President of the IsDB Group affirmed the Group’s commitment to supporting countries affected by conflict. He expressed the Group’s readiness to work with Sudan to address its financial situation and fulfill the requirements necessary to create a conducive environment for resuming financing and enhancing development support. The two sides emphasized the importance of continued coordination to finalize the necessary arrangements, thereby paving the way for the resumption of the partnership and opening broader prospects for leveraging the Bank’s resources and expertise to support Sudan’s priorities in economic recovery and reconstruction.

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