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Vol 44 No 21

Published 24th October 2003


Back-door deals

A final peace deal would be followed, eventually, by the lifting of United States' sanctions and an international aid package. Meanwhile, say banking sources, the Khartoum government is considering raising loans secured against future oil production. That would provide cash while Sudan remains cut off from multilateral lending, which will not resume until it tackles its huge arrears to institutions such as the International Monetary Fund and African Development Bank. Oil-backed loans come without the conditions attached to multilateral money.

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