Cairo – Eco – Fady Labib
: According to press reports, foreign currency trading in Sudan - after the
statement by the Sudanese Minister of Defense to uproot the regime of Omar
al-Bashir and his reservation after his arrest in a safe place - stopped the
currency market completely in Sudan, and confirmed workers in currency offices
"exchange", stopped the movement of sale and purchase of foreign
currencies ...
The report of the
"prospects for global growth: April 2019" issued by the International
Monetary Fund has confirmed that the Sudanese economy is suffering from
deflation within the (-2.3%), pointing out that Sudan is now the bottom of the
list of the worst economic growth forecasts among the Arab economies of 2019 ,
While it topped the expected inflation, but he referred to the expectations of
the unemployment rate for 2019 in six countries topped by the Sudan with the
highest rate of 21.4%, followed by Sudan, the country of Iran with unemployment
rate of 15.4%.
On the other hand, the
Governor of the Central Bank of Sudan Hussein Yahya Junkol on Wednesday to
issue a new currency of the category of 1000 pounds, and expected to enter into
circulation during the month of July to help meet the request with the smallest
number of banknotes, the governor of the Central Bank of Sudan, Has been
printed since the beginning of this year until the end of last March amounted
to (34.3) billion pounds.
The Sudanese authorities
announced last October the devaluation of the national currency by 60% to face
the crisis of the devaluation of the Sudanese pound due to the ongoing economic
crisis in the country, and Sudan is still suffering crises are considered
essential to the lack of bread and flour in a country depends primarily on
agriculture, In 2017, gross domestic product reached $ 117 billion, according
to the World Bank, which forecast an economic growth of 4.3 percent. External
debt reached $ 50 billion at the end of last year, up 3 percent from the
previous year.
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