Sudan floats currency, part of measures to overhaul economy ...Kuwait

News by : (The New Arab) -
The move was a key demand by the International Monetary Fund.Sudan took the unprecedented but expected step of floating its currency on Sunday, meeting a major demand by international financial institutions to help transitional authorities overhaul the battered economy. The flotation is the boldest economic measure taken by the joint military-civilian government that has ruled the African country after a popular uprising. The revolt led to the military's overthrow of autocrat Omar al-Bashir in April 2019. The country has since been on a fragile path to democracy with daunting economic challenges representing a major threat to that transition.The flotation move could provoke a popular backla

Hence then, the article about sudan floats currency part of measures to overhaul economy was published today ( ) and is available on The New Arab ( Kuwait ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Sudan floats currency, part of measures to overhaul economy )

Last updated :

Also on site :

Most Viewed News
جديد الاخبار