VOL. XXX

NO. 24

23-MARCH-1987

Financial and Banking News

BUDGETS AND REVENUES

Sudan Warns Foreign Creditors

Sudanese government officials have sounded public warnings that the countrycannot or will not meet its foreign debt obligations. The Finance Minister, Mr.Beshir Over, last week announced that Sudan's foreign debt had increased by$300mn to $10.6bn at the end of 1986, and that it "will be difficult, ifnot impossible" for Sudan to meet $4.17bn in principal and interestpayments over the next...