Macroeconomic Forecast Costly Capital Inflows

March 2008 | Macroeconomic Forecasts

BMI View: The economy should continue to benefit from expansion of the oil sector, but non-oil growth looks to be strong as well. Major capital inflows, necessary to feed Sudan's investment, have contributed to a large current account deficit. We forecast the deficit will rise to 17.2% of GDP in 2009, before beginning to fall slightly to 16.0% in 2012.

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