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World Bank suspends aid following coup

The World Bank has suspended plans to give Sudan US$2 billion (NZ$2.8 billion) in aid following Monday’s military coup that risks the country’s return to pariah status. The announcement that the bank was pausing support for Sudan’s economic crisis added to international condemnation of the power grab by the country’s most senior general. The president of the bank, David Malpass, said he was fearful of the ‘‘dramatic impact’’ the events could have on the country’s recovery in a statement that echoed alarm at the development in Africa and beyond.

World

en-nz

2021-10-29T07:00:00.0000000Z

2021-10-29T07:00:00.0000000Z

https://fairfaxmedia.pressreader.com/article/282037625377315

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