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Sudan says World Bank to provide grants, funding after arrears clearance

  • The World Bank is expected to provide grants worth a total of $2 billion over two years for national development projects, the statement said.
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By Reuters

KHARTOUM: The World Bank is to make $635 million in budget support and welfare funding immediately available to Sudan following clearance of its arrears with the multilateral lender, Sudan's cabinet said in a statement on Friday.

The World Bank is expected to provide grants worth a total of $2 billion over two years for national development projects, the statement said.

World Bank

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