Sudan’s economy has not recovered from losing 75 percent of its oil revenues when South Sudan seceded, which accounted for 95 per cent of the country’s exports and half of government revenue. The lifting of U.S. sanctions in 2017 was expected to enable economic recovery, but conditions have deteriorated further, with significant debt, a growing trade deficit, eroded foreign reserves, a devalued currency and soaring inflation. This economic crisis is underpinned by structural impediments.
Widespread protests have taken place across Sudan since December 2018, further highlighting the pressing need for durable solutions to Sudan’s economic and political difficulties.
The Africa Programme’s Sudan Stakeholders Dialogues help to identify the factors that have led to the current economic crisis, the immediate steps that could help to stabilize the economy, and the longer-term reforms required to put Sudan on a path to recovery and sustainable development.
The Chatham House Africa Programme has a strong track record of policy research and analysis on Sudan and the broader Horn of Africa.