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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]
Sudan is one of the world's potential breadbaskets and Sudan is nicknamed as the Arab world food basket as it accounts for 45% of arable land in the Arab world. [20] In 1998 there was an estimated 16.9 million ha (42 million acres) of arable land and approximately 1.9 million ha (4.7 million acres) set aside for irrigation, primarily in the ...
Sudan is a least developed country and among the poorest countries in the world, [35] ranking 170th on the Human Development Index as of 2024 and 185th by nominal GDP per capita. Its economy largely relies on agriculture due to international sanctions and isolation, as well as a history of internal instability and factional violence. The large ...
Sudan is a member of the Common Market for Eastern and Southern Africa (COMESA) and is one of 11 COMESA nations that had joined in a free-trade area and agreed to eliminate tariffs on goods originating in member countries. [174] Sudan is a member of the economic union led by Libya known as the Community of Sahel-Saharan States. [174]
Poverty lines for other sets of countries have also been revised upwards. The poverty line for lower middle-income countries (LMICs) has moved to US$3.65 from US$3.20, while the poverty line for upper middle-income countries (UMICs) has moved to US$6.85 from US$5.50. [6]
Germany–Sudan relations are the current and historical relations between Germany and Sudan. The Federal Republic of Germany was the first country to recognize Sudan diplomatically in 1956. Due to its mediating position in the various armed conflicts in the country, Germany is a trusted partner for 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]