VOL. XXXV

NO. 45

10-AUGUST-1992

Financial and Banking News

Regional Financing

IMF Executive Board Takes Positive View on Sudan

The executive board of the International Monetary Fund (IMF) has taken apositive attitude towards Sudan as a result of a series of economic reformmeasures implemented by the government earlier this year. Sudan has arrears tothe Fund of about $1.6bn, more than any other country, and has been declaredineligible for further assistance. Nevertheless, on 3 August the board...