France and other nations to cancel Sudan's $5 billion IMF debt, with decision to be approved in June, Macron says | WHAT REALLY HAPPENED X-Frame-Options: SAMEORIGIN

France and other nations to cancel Sudan's $5 billion IMF debt, with decision to be approved in June, Macron says

President Emmanuel Macron has said France and other rich nations will cancel Sudan's $5 billion debt to the International Monetary Fund (IMF) in a move the organization is to approve by the end of next month.

“We are in favor of an outright cancellation of Sudan's debt, which is as you know the most important among the Paris Club,” Macron told a news conference on Monday.

The president made the remarks after hosting a conference in Paris for Sudanese Prime Minister Abdalla Hamdok and General Abdel-Fattah Burhan, the head of the country's governing sovereign council.

Conference attendees, including the UK and the US, agreed to wipe the African nation's arrears, with France set to follow its fellow lenders by putting up a $1.5 billion bridge loan.

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