World Bank president David Malpass, in Sudan on Thursday for the first visit in nearly 40 years by a head of the development body, praised the country's reforms but cautioned against 'political slippages'.
World Bank president David Malpass, in Sudan on Thursday for the first visit in nearly 40 years by a head of the development body, praised the country's reforms but cautioned against "political slippages".
"Two years ago, Sudan's transitional government inherited a deeply damaged economy and society that had suffered decades of conflict and isolation," Malpass said during a speech in Khartoum. "Yet the country pressed forward with bold reforms," making possible more than $50 billion in debt relief which Malpass called the largest Heavily Indebted Poor Countries Initiative ever.
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