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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Sudan foreign currency reserves down 75 percent since 2006, IMF data shows

Posted on 11 August 2010

From Sudantribune.com: Rebuilding foreign exchange reserves is an “immediate priority” for Sudan in 2010 said the International Monetary Fund (IMF) in a report released last week that contained a detailed overview of the country’s major economic indicators.
Sudan has agreed to an IMF Staff Monitored Program (SMP) in 2009 to help it achieve a set of economic and financial policies and objectives which include sustaining economic growth, controlling inflation, reforming the banking sector and reducing budget deficit among others……………………………………….Full Article: Source

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