April 5, 2018 / 1:03 PM / 3 months ago

Sudan plans sukuk worth almost $1 billion this year-finance minister

TUNIS, April 5 (Reuters) - Sudan wants to sell international Islamic bonds, or sukuk, worth nearly $1 billion this year, its finance minister said on Thursday.

“The Sudanese government will issue a sukuk (worth) nearly 1 billion dollars for the first time this year,” Mohamed Othman Rukabi told Reuters on the sidelines of a conference in Tunis.

“It will be late this year to finance the 2018 budget,” he said, without giving details.

Reporting by Tarek Amara Writing by Ulf Laessing

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