External Economic Relations

Abstract

Successful growth and prosperity of the Sudanese economy depends on favourable external economic and financial relationships. The Sudan is a relatively open economy. In the period 1968–72 exports represented over 18 per cent of GNP. A shortage of domestic savings and investment capital requires an infusion of foreign capital funds. Lack of technology and organisational expertise makes it necessary for the country to avail itself of imported technicians and business specialists, again placing pressure on the limited resources that are available to cover import requirements.