This is the eighth edition of ‘Money Monday’ featuring a round-up of financial journalism from or about the two Sudans:
Sudan’s sinking economy raises tensions (video) (Al Jazeera, 16 December) – Sudan has the worst performing economy in the world with inflation rates varying from 45 to 60 per cent, according to the International Monetary Fund.
Audit report highlights improper financial deals between banks and government agencies (Sudan Tribune, 15 December) – A new charge by the inspector-general highlights the massive scale of Sudan’s grey economy.
Khartoum’s Ethiopian hydro-power energy importation tests begin (Sudan Tribune, 16 December) – The World Bank-funded project connects the power grids of Ethiopian and Sudan at Gedaref.
Sudan, African Development Bank Launch $ 1.6 Million Grant Project for Capacity Enhancement (Sudan Vision, 16 December) – The grant for debt management aims to help Sudan cope with its $40 billion external debt.
South Sudan inflation almost doubled in November (UN Radio, 11 December) – Rising food prices in northern areas such as Malakal accounted for most of the increase.
Previous edition: 10 December 2012