Middle East Economic Survey


No 33


MEES Agenda

Bleak Outlook For Sudan As Foreign Exchange Reserves Are Depleted

The global financial crisis has dealt a severe blow to Sudans economic situation and prospects, mainly through the sharp fall in oil revenues, according to an IMF paper on the Staff-Monitored Program for 2009-10 for Sudan published in July. The paper warns of risks that the major achievements of the past several years, in terms of maintaining macroeconomic stability...