SUDAN NEWS ALERT: Radio Dabanga - US Assistant Secretary of State Nagy: ‘Foreign debt – not US terror list – main obstacle to Sudan securing financial support’
Radio Dabanga reports that Tibor Nagy, the US Assistant Secretary of State for the Bureau of African Affairs, attributed the primary cause of Sudan’s financial struggles to debts to international financial institutions, rather than the US designation of Sudan as a state sponsor of terror.
Nagy said that the debts prevent international financial institutions from granting additional loans or grants to Sudan, as well as Sudan’s reputation.
Noting that the new government in Sudan has been in power for six months, Nagy said that the restrictions on what can be done with Sudan were built up over decades. Therefore, while the new government is a “positive partner,” the issue of Sudan’s terror designation being lifted is a “process.”