VOL. XXXV

NO. 19

10-FEBRUARY-1992

Financial and Banking News

Economic Policy

Sudan Frees Exchange Rate and Cuts Subsidies

The Sudanese Government has announced an extraordinarily tough budgetaryreform package that will go a long way towards satisfying the demands of theInternational Monetary Fund (IMF), which is currently withholding its supportfrom Sudan as a result of outstanding arrears. The measures, announced byFinance Minister 'Abd al-Rahim Hamdi on 3 February, include the freeing of the...