Southern Sudan on the brink of collapse: deputy governor

sudanese-pound

Southern Sudan could run out of foreign currency in about a fortnight, placing it on the cusp of economic meltdown, if the north of the country continues to starve it of foreign currency, Elijah Malok, the president of the Bank of Southern Sudan and a deputy governor of the Central Bank of Sudan, told CentralBanking.com on Tuesday.

Under a 2004 wealth-sharing agreement, the south is entitled to half of the country's oil revenues, to be paid by the Central Bank of Sudan, which is the monetary

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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