Donor Support – 2005
2005
In January 2005, immediately after the signing of the CPA, the World Bank made the decision to open its office in Sudan for the purpose to administer the Multi-Donor Trust Funds for the reconstruction and development of national and the Southern Sudan. The European Union also started to release the development fund to Sudan for the first time since 1990.[fn]”Sudan; EU Resumes Development Aid,” Africa News, January 26, 2005.[/efn_note] In April 2005, international donors pleaded for $4.5 billion, which exceeded the target of $2.6 billion.1 The MDTFs and other funding from EU and the Government of National Unity became operational in June 2005 with the holding of the first Interim oversight Committee Meetings.2 By the end of December 2005, $102.1 Million in MDTS contributions were paid in, of which $46.5 Million went to NRDF and $56.6 Million went to SRRDF. Nevertheless, the World Bank was not allowed to open its office in Sudan in 2005.