World Bank Approves Technical Support for Sudan
The Sudanese delegation participating in the Spring Meetings in Washington, headed by the Minister of State at the Ministry of Finance, Counselor Mohamed Nour Abdel-Daim, and the Governor of the Central Bank of Sudan, Amina Mirghani, held a high-level meeting with World Bank experts concerned with the financial sector and private sector development.
The Minister of State at the Ministry of Finance explained that the Ministry had begun implementing comprehensive reform programs for public financial management, including enhancing transparency, governance, digital transformation, and reforming public sector institutions according to OECD standards.
The Minister indicated that economic indicators began to recover by the end of 2025, but regional and international geopolitical tensions negatively impacted the national economy, causing a rise in the prices of petroleum products, strategic commodities, and insurance and maritime transport costs, especially given the country’s complete reliance on its own resources.
For her part, Central Bank Governor Amina Mirghani reviewed the features of the bank’s five-year strategy, which focuses on restructuring the banking sector, modernizing monetary policies, promoting financial inclusion, and supporting microfinance.
Mirghani emphasized that these reforms have contributed to turning GDP growth positive, with a notable decrease in inflation rates.
World Bank officials confirmed the continuation of work on assessing the economic and social impact of the post-war period, using satellite technology and household surveys to cover the agriculture, transportation, and human capital sectors.
Bank representatives expressed their readiness to transfer the backup version of the macroeconomic model to the Ministry of Finance and the Central Bank, along with organizing training courses for Sudanese personnel.
The Sudanese side called for expediting data exchange to assess the impact and provide urgent technical assistance.
The World Bank expressed its readiness to hold joint coordination meetings to assess the situation of the private and banking sectors, paving the way for the resumption of stalled development programs.