economic conditions.

current economic conditions.

With this loan, the Fund has provided for Sudan 13 loans worth a total of $ 650 million.

The immune system that the amount of the loan to Sudan contributes to support the structural reform program in the financial sector the government in 2013, which aims to improve the planning process and the preparation of the general budget and the organization of the liquidity management process through the activation and expansion of single treasury account.

And Abdul Rasul said that the reform program in Sudan seeks to control government spending and upgrade accounting frameworks and methods of financial reporting and the development of the information system for the Government Resource Planning.

He added that Sudan has begun to recover from the economic crisis as a result of the development of exports. And is expected to achieve the Sudanese economy grew by 3.6% in 2013 after falling growth in 2012 due to the secession of the south to about 1.4%.

On the other hand benefited Sudanese national agencies accredited to the Arab Trade Financing Program and the 21 agency facilities program, which concluded several agreements Murabaha with a total value of $ 81 million.

Mannai said Sudan's relations with the Fund "is not limited to the funding side, where the Fund provided technical assistance in addition to the training of technical personnel Sudanese official working in the financial and monetary devices and statistical information through the Economic Policy Institute."

In this context, involved 376 participants from Sudanese cadres in courses and seminars and workshops organized by the Fund in various fields of economy and banking, monetary and financial.

Deepening economic difficulties

Sudan suffers from economic crisis since lost three quarters of its oil production with the secession of the south in mid-2011 after a long civil war nearly 30 years ... and oil was the main source of revenue for the budget and source of dollars needed to finance food imports such as wheat and sugar.

To make it worse, that South Sudan halted its oil exports, which amount to 350 thousand barrels per day in January, after the escalation of tension because of the dispute over fees to use the pipeline, which passes through land ports of Sudan.

Juba was denied large oil revenues, and Khartoum exports from transit fees.

Sudan did not witness events similar to the revolutions of the Arab Spring, which toppled rulers in Egypt, Tunisia and Libya, but the annual inflation rate of more than 46% in November led to small protests over the government.

Sudan also suffers from many of the outstanding issues that are still fueling the conflict with South Sudan. The tension border two months ago to postpone the resumption of oil exports, the long-awaited, which is like a blow to both economies defaulters.