Sudan Reviews Roadmap Steps to Complete External Debt Relief

Khartoum – Sudanhorizon
A virtual meeting (via video conference) was held on Tuesday between the Sudanese government and the International Monetary Fund (IMF) mission to Sudan to discuss the draft “Roadmap for Completing Sudan’s Debt Relief Process” under the Heavily Indebted Poor Countries (HIPC) Initiative.
The meeting was chaired by the Minister of State at the Ministry of Finance, Mohamed Nour Abdel-Daim, and attended by Dr. Mohamed Ali Juma, Acting Undersecretary of the Ministry, Ikhlas Mohamed Ali, Director General of the General Administration for External Finance, and representatives of the administration, as well as representatives of the Central Bank of Sudan.
Nathan Porter, head of the IMF mission to Sudan, and IMF experts participated via video conference.
The meeting reviewed the four phases of the roadmap: the assessment and preliminary steps, the establishment and performance record phase, and the final phase of reaching an agreement on the Extended Credit Facility (ECF) program, paving the way for the “completion point” of Sudan’s debt relief.
Minister of State for Finance Mohamed Nour Abdel-Daim affirmed that the government has made significant strides in reforming public finances, strengthening governance, and consolidating the principles of transparency. He pointed to the government’s focus on enhancing digital transformation through the activation of electronic collection and payment systems, the redirection of resources towards priority sectors, and the implementation of the Financial Management Information System (IFMIS) to ensure real-time monitoring and oversight of public funds.
He added that the Ministry is proceeding with the application of International Public Sector Accounting Standards (IPSAS) as a fundamental pillar for improving transparency and financial disclosure. This will enhance international comparability and is a crucial requirement for reintegrating Sudan into the global financial system, attracting foreign investment, and fulfilling the obligations of the debt relief initiative.
For his part, Nathan Porter affirmed IMF’s commitment to continuing its technical support to Sudan, emphasizing the importance of meeting the reintegration criteria. The representative of the Central Bank of Sudan also indicated that work on this file began in 2025, confirming the bank’s commitment to fulfilling the requirements. The meeting recommended the formation of a joint technical working group between the Ministry of Finance, the International Monetary Fund and relevant parties, to follow up on the collection and analysis of data and the evaluation of performance indicators, leading to the full implementation of the Fund’s programs during the next phase.

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