Country Economic Forecasts - Sudan
Economic conditions remain challenging following the implementation of major reforms in the 2018 budget. A surge in domestic prices and deep liquidity shortages have significantly raised the cost of living and are expected to dampen private consumption, while a dip in agricultural output and widespread fuel shortages weigh further on the short-term growth outlook. We forecast GDP growth to slow to 2.8% this year, from 4.3% in 2017.
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