VOL. XXXIII

NO. 29

23-APRIL-1990

Financial and Banking News

Loans & Issues

IMF Gives Sudan another Chance

The IMF has extended until the end of July its deadline for Sudan to repaypart of the SDR832mn ($1,200mn) outstanding to the fund and to startimplementing a strong economic recovery program. The original deadline was theend of March. If Sudan fails to satisfy the IMF by the end of July - as seemslikely - the Fund could issue a declaration of non-compliance setting a date bywhich Sudan would...