WASHINGTON, Feb 26 (Reuters) - World Bank President David
Malpass on Friday said he was optimistic that Sudan's
exchange-rate stabilization and reforms would lead to
broad-based growth and poverty reduction.
In remarks to Group of 20 finance officials, Malpass said he
expected a rapid clearance of Sudan's arrears to the World Bank,
and hoped for speedy progress toward a decision point on debt
forgiveness under the Heavily Indebted Poor Countries
initiative.
Malpass added that both Ethiopia and Nigeria would benefit
from ending their own costly dual exchange rate systems.