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2 March 2010
March 1, 2010 (KHARTOUM) – The proceeds from oil exports in Sudan has declined by a staggering 60% in 2009 with revenues measuring approximately $2.5 billion compared to $ 6.5 billion a year ago, according to a report compiled by the Government of South Sudan (GoSS).
The report said that oil prices reached an all time high of $132 in mid-2008 before dropping to $35 in the first quarter of 2009.
The global financial crisis that started in late 2008 has hit hard the economic activity (...)
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