Declining oil revenues and dwindling foreign reserves have put the Sudanese government under intense fiscal pressure, according to a new report by the International Monetary Fund, which says Khartoum has requested IMF assistance in rescheduling its $34bn external debt.
Sudan’s economic growth will slow to 4 per cent this year because of lower revenue from oil exports, while foreign reserves have plummeted from $2bn (€1.4bn, £1.2bn) last year to about $300m in March – covering less than two weeks’ imports, the report says.



