| IMF Relieves Tanzania of
$14M Debt Over 4 Months After Inner City Press
Asked of Sudan and Standards
By Matthew
Russell Lee, Patreon
BBC
- Guardian
UK - Honduras
- The
Source
NEW YORK, SDNY,
June 10 – When the
International Monetary Fund
held its biweekly embargoed
media briefing on June 4,
Inner City Press submitted
questions including on Sudan,
which IMF Spokesperson Gerry
Rice answered, see below.
Now on June
10, the IMF on Tanzania issued
this: "The IMF Executive Board
approved debt relief under the
Catastrophe Containment and
Relief Trust to provide
US$14.3 million over the next
4 months, and potentially up
to US$25.7 million over the
next 23 months. · IMF
debt service relief will help
free up resources for public
sector health needs and other
emergency spending, as well as
mitigate the balance of
payments shock resulting from
the pandemic. · Given
the risks ahead, it would be
important to ensure close
cooperation with multilateral
organizations and donors and
ensure sufficient budget
allocations on health and
other priority spending."
Back
on June 4 Inner City Press
asked, "On Sudan, what is the
status - ot's reported Sudan
is seeking its first IMF
program since 2014. Agreeing
the non-financial initiative
in June talks and persuading
the U.S. to drop its
long-standing listing of Sudan
as a state sponsor of
terrorism are key planks of
the plan, FinMin El-Badawi
said."
IMF spokesperson Rice said,
Matthew Lee in New York, Inner
City Press, thank you for the
question... He confirmed,
largely, and referring to
COVID-19 in Sudan. Full answer
on video here.
Transcript here;
"for a question on Sudan from
Matthew Lee, up there in New
York, Inner City Press. Thank
you, Matthew. "On Sudan,"
Matthew asks, "What's the
status? It's reported that
Sudan is seeking its first IMF
program since 2014," etc.
At least
the IMF answers Press
questions. We'll have more on
this - watch this site.
***
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