schizoidman@lemmy.zip to World News@lemmy.worldEnglish · 11 hours agoChina forgives $50 million of Sudan’s debt to ease economic strainsudantribune.comexternal-linkmessage-square9fedilinkarrow-up134arrow-down12
arrow-up132arrow-down1external-linkChina forgives $50 million of Sudan’s debt to ease economic strainsudantribune.comschizoidman@lemmy.zip to World News@lemmy.worldEnglish · 11 hours agomessage-square9fedilink
minus-squareDupaCycki@lemmy.worldlinkfedilinkEnglisharrow-up1·2 hours agoMaybe for rich countries. Sudan’s GDP is $44.69 billion as of 2026. $50 million is more than 1% of its GDP. That’s a lot more than nothing. Can you imagine some country forgiving France a debt 1% of its GDP? That’d be over $30 billion.
minus-squareNautalax@lemmy.worldlinkfedilinkEnglisharrow-up1·2 hours ago1% of $44.69 billion is $446.9 million
Maybe for rich countries. Sudan’s GDP is $44.69 billion as of 2026. $50 million is more than 1% of its GDP. That’s a lot more than nothing.
Can you imagine some country forgiving France a debt 1% of its GDP? That’d be over $30 billion.
1% of $44.69 billion is $446.9 million