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During the 1990s, Sudan's relationship with the IMF became increasingly strained as a result of continuing debt arrears dating back to 1984. [1] In 1997, when the IMF threatened to expel Sudan from the fund, the government revised its economic policies and established a comprehensive economic reform and structural adjustment program with the ...
European Economic Community (EEC) cooperation with Sudan—a member of the Organisation of African, Caribbean and Pacific States (ACP)—ran under the aegis of the Lomé Convention. [1] Following the 1989 Sudanese coup d'état and ensuing violation of human rights the European Community suspended development aid in March 1990. [2]
National poverty lines reflect local perceptions of the level and composition of consumption or income needed to be non-poor. The perceived boundary between poor and non-poor typically rises with the average income of a country and thus does not provide a uniform measure for comparing poverty rates across countries.
Today, oil is an important export industry in Sudan. Estimates suggest that oil accounts for between 70% and 90% of Sudan's total exports. The primary importers of Sudanese oil are Japan, China, South Korea, Indonesia, and India. [22] [23] Most of Sudan's oil reserves are located in the Muglad and Melut rift basins in the south of the country. [24]
The least developed countries (LDCs) are developing countries listed by the United Nations that exhibit the lowest indicators of socioeconomic development.The concept of LDCs originated in the late 1960s and the first group of LDCs was listed by the UN in its resolution 2768 (XXVI) on 18 November 1971.
Washington hoped this agreement would reduce Sudan's excessive reliance on a one-crop economy and would facilitate the development of the country's transportation and communications infrastructure. The prime minister formed a coalition government in February 1956, but he alienated the Khatmiyyah by supporting increasingly secular government ...
Map of Sudan from 2011 with South Sudan independent. The history of Sudan refers to the territory that today makes up Republic of the Sudan and the state of South Sudan, which became independent in 2011. The territory of Sudan is geographically part of a larger African region, also known by the term "Sudan".
Corruption in Sudan is substantial, as it is considered one of the most corrupt nations in the world. On the 2010 World Bank Worldwide Governance Indicators, on one hundred point scale, it scored in the single digits in every category, including 0.9 for political stability, 6.2 for rule of law, 7.2 for regulatory quality, 6.7 for government effectiveness, and 4.3 for control of corruption. [1]