Minister of Finance Gebreil Ibrahim and Governor of the Central Bank of Sudan (CBOS), Amna Mirghani, discussed with Director General of the Kuwait Fund for Arab Economic Development (KFAED) Osama Al-Athaal ways to strengthen the development partnership, resume financing, and support recovery and reconstruction projects.
In a press statement, the minister praised the historic relations between Sudan and the Kuwait Fund, commending its contributions to financing and implementing strategic development projects, particularly in the fields of dams, sugar production, railways, and infrastructure. He also praised the agreements recently signed to finance a number of humanitarian projects.
Gebreil affirmed the Ministry of Finance’s commitment to addressing outstanding obligations in a manner that would pave the way for the resumption of financing and directing it toward infrastructure projects, basic services, recovery, and reconstruction.
For her part, CBOS Governor Amna Mirghani stressed the importance of strengthening financial and banking coordination with the Fund to create the appropriate conditions for resuming cooperation and development financing. She underscored the importance of directing financing toward projects that support production and economic activity, infrastructure, and basic services.
For his part, the Kuwaiti official affirmed the depth of the historic relations with Sudan, noting that Sudan was the first country in which the Fund financed a project following its establishment in 1961. He reaffirmed the Fund’s commitment to continuing cooperation with Sudan and supporting development, recovery, and reconstruction projects.
The two sides agreed to continue coordination on priority projects and complete the necessary technical and financial arrangements to strengthen development cooperation during the next phase.
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