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IMF maintains negative growth forecast for Sudan in 2019 & 2020

October 15, 2019 (WASHINGTON) - The International Monetary Fund (IMF) affirmed its previous forecast of a contraction in the Sudanese economy this year and the next one.

The World Economic Outlook (WEO) report published today said Sudan registered a -2.2% contraction in economic growth in 2018 that is expected to sink further this year to -2.6% before relatively improving in 2020 to -1.4%.

Inflation was expected to fall to 50.4% this year compared to 63.3% in 2018 but is forecasted to (...)





International Monetary Fund (IMF)...


Published By: sudantribune - Tuesday, 15 October, 2019