Economy of Sudan - LinkTV World News

Economy of Sudan

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Economy of Sudan

Until the second half of 2008, Sudan's economy boomed on the back of increases in oil production, high oil prices, and large inflows of foreign direct investment. GDP growth registered more than 10% per year in 2006 and 2007. From 1997 to date, Sudan has been working with the IMF to implement macroeconomic reforms, including a managed float of the exchange rate. Sudan began exporting crude oil in the last quarter of 1999. Agricultural production remains important, because it employs 80% of the work force and contributes a third of GDP. The Darfur conflict, the aftermath of two decades of civil war in the south, the lack of basic infrastructure in large areas, and a reliance by much of the population on subsistence agriculture ensure much of the population will remain at or below the poverty line for years despite rapid rises in average per capita income. In January 2007, the government introduced a new currency, the Sudanese Pound, at an initial exchange rate of $1.00 equals 2 Sudanese Pounds. (via DBpedia)

Economy of Sudan on DBpedia

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Gasoline and diesel usage and pricing

Pharmaceutical industry

Extraction of petroleum

2011-2012 Sudanese protests

Anti-austerity protests

Politics of Sudan

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Videos from Link TV

4:12

Mosaic | Sep 19, 2012

From the video: Mosaic News - 09/19/12

1:28

Al Jazeera English | Aug 4, 2012

Sudan and South Sudan have ended an oil dispute that nearly ignited an all-out war earlier this year. The freeze in the flow of oil during the dispute had a major impact on the economies and people of both countries. Al Jazeera's Imran Khan repo...

4:31

Mosaic | Jul 25, 2012

From the video: Mosaic News - 07/25/12

2:49

Mosaic via Mosaic | Jul 10, 2012

From the video: Mosaic News - 07/10/12

25:09

Al Jazeera English | Jul 10, 2012

South Sudan is celebrating its first year of independence from Sudan, but has the split brought progress or regression for the two countries? Border wars with the north, internal violence and a shutdown of oil production are serious economic ...

2:38

Al Jazeera English | Jun 27, 2012

Sudan's government is facing growing public anger over its austerity measures. In the last two weeks, hundreds of protesters have taken to the streets over the rising food and fuel prices. Al Jazeera's Mohamed Vall reports from Khartoum.

2:14

CNN | Jun 23, 2012

Student protests in Khartoum demanding President Omar al-Bashir's ouster are picking up steam and attracting attention throughout Sudan. The demonstrations have been going on for a week in response to harsh austerity measures.

2:21

Mosaic | Jun 25, 2012

From the video: Mosaic News - 06/25/12

1:05

International Business Times | Jun 22, 2012

This student protest in Khartoum, filmed on June 20, is one of many happening at universities across Sudan. The growing demonstrations are the result of increasing frustrations with President Omar al-Bashir and the rest of the Sudanese govern...

2:39

Mosaic | Jun 22, 2012

From the video: Mosaic News - 06/22/12

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Articles Around the Web

— May 30, 2012 at 11:03 am

...Khartoum of stealing its oil. Also after a ten-day occupation of Heglig by the South Sudanese army last April, the oil producing area lost nearl...

Manila Bulletin

— Dec 31, 2011 at 10:08 am

...from oil exports and was considered as the 17th fastest growing economy. Sudan’s economy is largely based on agriculture which employs 80 percen...

— Oct 18, 2012 at 10:34 pm

...Nile Petroleum Operating Company, respectively. The production of oil could provide much needed relief for the economy of South Sudan. The gover...

— May 29, 2012 at 08:55 am

...shut down its oil production in January after Khartoum started holding part of the south's oil as compensation for what it calls Juba's unpaid d...

— May 30, 2012 at 07:18 am

...the flow of dollars into an economy that produces almost nothing else, and sent the South Sudanese pound tumbling against the greenback. This ha...