23/02/2021 (Agence Europe) – The EU welcomed, on Monday 22 February, the decision of Sudan’s civilian-led Transitional Government to move ahead with exchange rate reform, “which is an important step for the country’s economic recovery”. A statement by the European External Action Service issued on Monday stresses that the reform will pave the way for debt relief, notably by strengthening Sudan’s ability to reach the Decision Point under the IMF/World Bank’s Heavily Indebted Poor Countries (HIPC) Initiative. It should also lead to the rapid launch of the Sudan Family Support Program, of which the EU and its Member States are the main donors, says the EEAS. “The European Union remains firmly committed to supporting Sudan’s democratic transition and economic reforms both politically and financially”, the declaration states. (AN)