Macroeconomic Forecast Sudan

Sudan saw a period of disinflation in the latter part of 2009 with y-o-y headline inflation falling from a high of 14.5% in August to 13.4% in December. We expect this disinflationary trend to continue in 2010 and have set year-end target of 8.0% y-o-y. Upside risks to this forecast emanate from the excess liquidity generated by higher oil prices and increasing foreign capital inflows.

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