Financial and Banking News
BUDGETS AND REVENUES
Sudan Faces Cash Crisis as IHF Cuts Off Lending
The Sudanese economy, which has been buffeted by recurrent crises of increasing intensity in recent months, suffered a major setback last week as the IMF's Executive Board on 3 February finally invoked its right to declare the country "ineligible to use" the IMF's resources because of its failure to pay $227.1mn due to the Fund. This includes some $218mn worth of...
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