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Economy / Sudan

US$4.8bn Aid Pending

June 2008 | Ratings Update

Donor nations pledged a preliminary US$4.8bn in aid to Sudan in early May to boost the fragile 2005 north-south peace agreement. Sudan had earlier said that it needed US$6.1bn up to 2011, in addition to US$2bn in humanitarian aid. The funds will be divided between humanitarian efforts and longer-term development aid. A US diplomat revealed that Washington plans to spend an additional US$2bn on peacekeeping in Sudan over 2008-2009.

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