SUDAN NEWS ALERT: Multiple sources – World Bank suspends aid to Sudan after military takeover
27/10/2021: Multiple sources – World Bank suspends aid to Sudan after military takeover
The World Bank suspended plans to give Sudan $2 billion in aid in response to the military's seizure of power, with the US having already frozen $700m (£508m) in aid.
The sudden cut to aid is likely to have dire consequences for Sudan's battered economy, at a time when it was just starting to get back on its feet. The announcement that the bank was pausing support for Sudan’s economic crisis added to international condemnation of the power grab.
The World Bank has contributed some $3bn in aid to Sudan to support agriculture, transport, health care and education, among other things, according to Prime Minister Abdalla Hamdok.