Sign up, start voting on articles and create your own news feeds! | Login | Create a free account

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 (...)

-

News

/

FRONT_PAGE_DISPLAY,

International Monetary Fund (IMF)...

read more...

Published By: sudantribune - Tuesday, 15 October