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Sudan sees budget deficit below 3 percent/GDP in 2011
Sudan will face some budget difficulties due to its recent split into two countries, but the deficit may not exceed 3 percent of gross domestic product as spending should decrease, its finance minister said on Wednesday.
September 7, 2011 11:41 by Reuters
“We expect some difficulties in the budget, but they are controllable,” Ali Mahmoud of North Sudan told Reuters on the sidelines of a meeting of Arab finance ministers in the United Arab Emirates.
“We expect a decrease in spending this year. If any deficit, it will be limited, not exceeding 3 percent (of GDP),” he said.
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