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Sudan receives $857 million in IMF aid

AFP

Sudan has received more than $857 million as part of a global allocation by the International Monetary Fund to help vulnerable countries, the central bank said on Thursday. 

Earlier this month, the IMF approved $650 billion increase in cash reserves for member nations as they struggle to recover from the economic effects of Covid-19.

The IMF “has allotted… the equivalent of $857.68 million to Sudan and it is available without restrictions given the current economic situation”, the central bank in Khartoum said in a statement.

It said the funding will allow it to “press ahead with implementing flexible managed float policies, stabilising the exchange rate, and the overall economy”. 

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Sudan has been struggling with economic woes that deepened after the April 2019 ouster of president Omar al-Bashir following mass protests triggered by economic hardship.

The transitional government installed in August 2019 has vowed to fix the economy which was battered by decades of US sanctions and mismanagement under Bashir.

The coronavirus pandemic has further compounded the country’s economic crisis.

In recent months, Sudan has embarked on tough reforms including scrapping diesel and petrol subsidies and declaring a managed float of the Sudanese pound to stem a rampant black market.

The measures, seen by many Sudanese as harsh, were part of reforms backed by the IMF to enable the country to qualify for debt relief.

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International

Trump urges Putin to reach peace deal

On Monday, U.S. President Donald Trump reiterated his desire for Russian President Vladimir Putin to “reach a deal” to end the war in Ukraine, while also reaffirming his willingness to impose sanctions on Russia.

“I want to see him reach an agreement to prevent Russian, Ukrainian, and other people from dying,” Trump stated during a press conference in the Oval Office at the White House.

“I think he will. I don’t want to have to impose secondary tariffs on Russian oil,” the Republican leader added, recalling that he had already taken similar measures against Venezuela by sanctioning buyers of the South American country’s crude oil.

Trump also reiterated his frustration over Ukraine’s resistance to an agreement that would allow the United States to exploit natural resources in the country—a condition he set in negotiations to end the war.

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International

Deportation flight lands in Venezuela; government denies criminal gang links

A flight carrying 175 Venezuelan migrants deported from the United States arrived in Caracas on Sunday. This marks the third group to return since repatriation flights resumed a week ago, and among them is an alleged member of a criminal organization, according to Venezuelan authorities.

Unlike previous flights operated by the Venezuelan state airline Conviasa, this time, an aircraft from the U.S. airline Eastern landed at Maiquetía Airport, on the outskirts of Caracas, shortly after 2:00 p.m. with the deportees.

Interior Minister Diosdado Cabello, who welcomed the returnees at the airport, stated that the 175 repatriated individuals were coming back “after being subjected, like all Venezuelans, to persecution” and dismissed claims that they belonged to the criminal organization El Tren de Aragua.

However, Cabello confirmed that “for the first time in these flights we have been carrying out, someone of significance wanted by Venezuelan justice has arrived, and he is not from El Tren de Aragua.” Instead, he belongs to a gang operating in the state of Trujillo. The minister did not disclose the individual’s identity or provide details on where he would be taken.

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International

Son of journalist José Rubén Zamora condemns father’s return to prison as “illegal”

Guatemalan court decides Wednesday whether to convict journalist José Rubén Zamora

The son of renowned journalist José Rubén Zamora Marroquín, José Carlos Zamora, has denounced as “illegal” the court order that sent his father back to a Guatemalan prison on March 3, after already spending 819 days behind barsover a highly irregular money laundering case.

“My father’s return to prison was based on an arbitrary and illegal ruling. It is also alarming that the judge who had granted him house arrest received threats,” José Carlos Zamora told EFE in an interview on Saturday.

The 67-year-old journalist was sent back to prison inside the Mariscal Zavala military barracks on March 3, when Judge Erick García upheld a Court of Appeals ruling that overturned the house arrest granted to him in October. Zamora had already spent 819 days in prison over an alleged money laundering case.

His son condemned the situation as “unacceptable”, stating that the judge handling the case “cannot do his job in accordance with the law due to threats against his life.”

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