• Sudan’s drug imports reached €600 million: lawmaker

  Thursday 16 January 2014
  January 15, 2014 (KHARTOUM) – The member of Sudan’s parliamentary subcommittee on Finance and Economy, Babiker Mohamed al-Tom, said that imports of drugs amounted to €600 million and called upon the government to encourage local (...)

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• Sudan’s external debt projected to hit record $46 billion in 2013: IMF

  Friday 28 September 2012
  September 27, 2012 (WASHINGTON) – The International Monetary Fund (IMF) released figures on Thursday projecting that Sudan’s external debts will hit an all-time high next year, the latest evidence of a growing economic crisis engulfing (...)

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• Ex South Sudan finance minister denies corruption allegations

  Tuesday 7 February 2012
  By Julius N. Uma February 6, 2012 (JUBA) - A former minister for Finance and Economic Planning in the South Sudanese government has denied allegations linking him to embezzlement of public funds in the wake of the auditor general’s (...)

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• South Sudan Nile Commercial Bank out of cash: official

  Friday 24 April 2009
  By Isaac Vuni April 23, 2009 (JUBA) — Southern Sudan based Nile Commercial Bank (NCB) has run out of cash to meet its obligations, the clearest sign to date of the deepening financial crisis facing the semi-autonomous region. The (...)

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• Sudan admits impact of Heglig crisis on economy

  Monday 16 April 2012
  April 15, 2012 (KHARTOUM) – The Sudanese government has finally acknowledged the economic ramifications of losing oil-producing area of Heglig to South Sudan’s army, revealing measures to remedy the situation. FILE – Sudan’s oil (...)

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• Sudan’s economy seen shrinking in 2011-2012: IMF

  Thursday 22 September 2011
  September 21, 2011 (WASHINGTON) – The economy of post-secession Sudan will experience contraction in growth in the years 2011 and 2012, according to data released by the International Monetary Fund (IMF). Olivier Blanchard(2nd-R), (...)

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• South Sudan launches global appeal for financial help

  Monday 22 August 2016
  August 22, 2016 (JUBA)- South Sudan government has pleaded with countries in the region and the global community to assist is financially to enable to it pay employees and avert a deterioration of humanitarian crisis in the wake of (...)

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• Sudan’s cabinet endorses recommendations on accepting loans involving interest

  Friday 20 July 2012
  July 19, 2012 (KHARTOUM) – The Sudanese council of ministers chaired by president Omer Hassan al-Bashir on Thursday approved recommendations put forward by the forum on financing state projects which included discussions on the (...)

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• South Sudan Central Bank introduces new payment systems

  Thursday 1 December 2011
  November 30, 2011 (JUBA) - The Central Bank of South Sudan on Wednesday announced it was embarking on a modernisation of the country’s payments, clearing and settlement systems. Kornelio Koryom Mayiik (Getty) Bank officials say the (...)

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• Obama’s 2013 budget includes $2.4 billion in possible debt relief to Sudan & aid to S. Sudan

  Tuesday 14 February 2012
  February 13, 2012 (WASHINGTON) – The United States (US) President Barrack Obama’s 2013 budget proposal, released on Monday incorporated the possibility of relieving Sudan’s entire debt owed to it if certain conditions are met. U.S. (...)

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