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Finance
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Monday 22 November 2010
November 21, 2010 (KHARTOUM) –The oil production from fields in North Sudan will reach 110,000 barrels per day (bpd) by the end of 2010, an official at the oil ministry said on Sunday.
The remarks come amid raging fears on the impact (...)
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Friday 24 April 2009
By Isaac Vuni
April 23, 2009 (JUBA) — Southern Sudan based Nile Commercial Bank (NCB) has run out of cash to meet its obligations, the clearest sign to date of the deepening financial crisis facing the semi-autonomous region.
The (...)
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Saturday 25 February 2012
February 24, 2012 (KHARTOUM) – The OPEC Fund for International Development (OFID) signed yesterday a loan agreement with Sudan in the amount of $30 million that will be used to build a dam on Atabarah river.
OFID Director-General (...)
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Thursday 22 September 2011
September 21, 2011 (WASHINGTON) – The economy of post-secession Sudan will experience contraction in growth in the years 2011 and 2012, according to data released by the International Monetary Fund (IMF). Olivier Blanchard(2nd-R), (...)
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Sunday 12 February 2012
By Julius N. Uma
February 11, 2012 (JUBA) - As South Sudan prepares to announce much anticipated austerity measures, its council of ministers on Friday resolved to maintain the defense and interior ministry’s budgets, the government (...)
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Saturday 18 June 2011
By Philip Thon Aleu
June 16, 2011 (JUBA) – South Sudan Legislative Assembly (SSLA) has invited ministers of finance and legal affairs to answer questions on delayed investigation into the region’s massive grain scandal. The (...)
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Tuesday 21 February 2012
February 20, 2012 (JUBA) — In an attempt to compensate the loss of oil revenue, South Sudan on Monday announced cutting into half non salary government spending, a month after shutting oil production.
After accusing Khartoum of (...)
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Monday 25 June 2007
By Professor Ali Abdalla Ali,
Sudan University of Science and Technology
June 25, 2007 — Week before last, the Minister of Finance and National Economy (MFNE), Mr. Zubeir M. Hassan, withdrew the regulatory powers over Khartoum Stock (...)
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Thursday 6 January 2011
January 5, 2011 (KHARTOUM) – The Sudanese national assembly on Thursday hastily approved an austerity package sent to it by the cabinet that contained cuts in subsidies for crucial products that is expected to trigger a domino effect on (...)
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Monday 27 February 2012
February 27, 2012 (JUBA) – Top generals of the South Sudan army, the Sudan People’s Liberation Army (SPLA), have been asked by the South Sudan Anti-Corruption Commission (SSACC) to declare their income and assets, in the latest effort to (...)
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