Economy in Sudan
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BOTSWANA, 2016/05/12
Africa’s economic increase is likely to be slower in the intervening years than in the before decade, according to the new rating by Ernst & Young using a barometer to gauge the level of appeal and success.“The baseline projection of the International Monetary Fund (IMF) for 2016 is presently reduced to 3%, while it was estimated at 6.1% in April 2015″, Ernst & Young points out in its rating.
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AFGHANISTAN, 2016/01/02
World economic increase will be disappointing next year and the outlook for the medium-term has as well deteriorated, the chief of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday.
IMF Managing Director Christine Lagarde said the prospect of rising interest rates in the United States and an economic slowdown in China were contributing to uncertainty and a higher risk of economic vulnerability worldwide.
Added to that, increase in world trade has slowed considerably and a decline in raw material prices is posing problems for economies based on these, while the financial sector in a lot of nations still has weaknesses and financial risks are rising in emerging markets, she said.
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AFGHANISTAN, 2015/01/20
Low oil prices will not provide a sufficient updraught to dispel the clouds hanging over the world economy, the International Monetary Fund said on Tuesday.
In a sign of its increasing gloom about the medium term economic outlook, the IMF cut its world economic increase forecasts by 0.3 % points for both 2015 and 2016, despite believing cheaper oil represents a “shot in the arm”.
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BOTSWANA, 2013/06/17
Urgent interventions are needed to overcome the short and long term constraints militating against the evolution that could have been recorded in the 'Aid for Trade (AfT)' in African initiative despite the fact that it is starting to show results.
This is according to a statement from the Addis Ababa-based United Nations Economic Commission for Africa (UNECA)
The statement observed that in spite of the identified constraints AfT was starting to show results. 'Since the AfT Initiative was launched in the Hong Kong Ministerial Conference in 2005, Africa has received technical and financial assistance for trade-related activities. In addition, AfT funding has been kept and priority areas and categories identified by beneficiaries are being targeted.
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BOTSWANA, 2013/04/27
Economic increase in Sub-Saharan Africa is likely to reach additional than 5 % on average in 2013-2015 as a result of high commodity prices worldwide and strong consumer spending on the continent, ensuring that the region remains amongst the fastest growing in the world -- according to the World Bank’s new Africa’s Pulse, a twice-yearly analysis of the issues shaping Africa’s economic prospects.
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SUDAN, 2013/01/07
Sudanese President Omar al-Bashir on Sunday ordered the minimum wage to be additional than doubled for national employees in order transaction with rising prices. Subsequent to negotiations with the Sudanese Workers Union, the minimum wage will rise from just 165 pounds (about 37 dollars) to 425 pounds. The major issue of contentions was whether the pay increase should be linked to the availability of additional government revenues.
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SOUTH SUDAN, 2013/01/04
Motivated in large part by the fragile economies of their respective nations, the Sudanese and South Sudanese presidents will meet in Ethiopia on January 4 to try to resolve oil and border conflicts.
Next months of stalemate, a resolution to the crisis gripping the Sudans could be in sight.
Sudanese President Omar al-Bashir will meet with his South Sudanese counterpart, Salva Kiir, in Ethiopia on Friday, January 4, at the urging of the African Union. The nations, which signed a peace transaction in 2005 next a long civil war, are expected to discuss the possibility of establishing a demilitarised buffer zone along the disputed border separating them.
