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The Ministry of Finance and Economic Planning signed on Saturday evening a development grant agreement of 5.5 million dollars with US Agency for International Development (USAID) to support the democratic transition and to promote the economic growth in Sudan, as part of a total estimated amount of 200 million dollars by the year 2024.
The Minister of Finance and Economic Planning, Dr. Jibril Ibrahim, said in the press conference after the signing ceremony that the agreement aims mainly at boosting development, consolidating the democratic transition, confronting the challenges facing the transitional government, stressing that this support represents the start for a big joint work and a boost to the partnership between the two countries in the coming period.
He pointed out the agreement marks the opening of a new channel in financing that was not available in the past, explaining that USAID is the largest supporter in the humanitarian field, that has been cut off in the past decades.
The US Charge d’Affaires, Brian Shukan, said that the agreement is a milestone step in the cooperation and partnership between the two sides, noting that the grant aims to support the democratic transformation and development in Sudan.
He affirmed his country’s commitment to support partnership and cooperation with the transitional government in Sudan in the areas of development for the benefit of all the Sudanese people.
On his part, the USAID mission’s Director, Mervyn Farroe, said that the agreement marks an important milestone in the relationship between the two governments, affirming his country’s keenness to support the democratic transition and peace in Sudan and to help it face the challenges of development, exploiting its resources and enhancing the economic growth in the country.