Sudan needs $8bn in foreign aid over the next two years to cover its import bill and help rebuild its ravaged economy after months of political turmoil, its new prime minister told Reuters on Saturday.
Abdalla Hamdok, sworn in three days earlier to head a transitional government after the ousting of veteran leader Omar al-Bashir, said as much as another $2bn of foreign reserves deposits were needed in the next three months to halt a fall in the currency.
The 61-year-old economist, who has worked for the UN Economic Commission for Africa, said he had started talks with the IMF and the World Bank to discuss restructuring Sudan’s crippling debt, and had approached friendly nations and funding bodies about the aid.