Mereja Forum

[Thomas H]

Sudan is now the new jewel of the Horn like Ethiopia was under Meles Zenawi. Because of the illiterate Abiy Zinabu Ethiopia has lost her relevance in HOA .

[Thomas H]

The new power house in the HoA: Sudan
-France announced $1.5 billion loan to Sudan.
- African Import and Export Bank to finance energy and telecommunication projects in Sudan with $700 million.


Source: https://www.reuters.com/world/africa/fr ... 021-05-17/

[Thomas H]

Wow! Another good news for Horn Superpower Sudan
France cancels Sudan's $5 billion debt

At a summit for Sudan, France says it will cancel Khartoum's $5 billion debt in a bid to bolster the African nation's transition to democracy following the 2019 toppling of longtime strongman Omar al-Bashir.


Source: https://uk.news.yahoo.com/france-cancel ... 46335.html

[euroland]

$50 billions? Wow....that would buy a lot of Agame prostitutes

As Dedebit Grad, it is hard for you to understand what this means.
This is Debt relief, meaning, canceling her debt, it isn’t a new money collected.

Sudan is now the new jewel of the Horn like Ethiopia was under Meles Zenawi. Because of the illiterate Abiy Zinabu Ethiopia has lost her relevance in HOA .

[Thomas H]

$50 billions? Wow....that would buy a lot of Agame prostitutes

As Dedebit Grad, it is hard for you to understand what this means.
This is Debt relief, meaning, canceling her debt, it isn’t a new money collected.


አንተ ቆርቆሮ ራስ,
It does have significance for Sudan because this debt is much much higher than Sudan's GDP. Sudan was spending high % of foreign earnings on debt interest payments, leaving little room for capital investment. Writing off debts enables Sudan to invest in infrastructure leading to higher economic growth. Gebito!