Sudan - Memorandum on the economic situation

RESTRICTED FILE COPY Report No. AF-40a This report was prepared for use within the Bank and its affiliated organizations. They do not accept responsibility for its accuracy or completeness. The report may not be published nor may it be quoted as. representing their views. INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL DEVELOPMENT ASSOCIATION MEMORANDUM ON THE ECONOMIC SITUATION IN THE SUDAN November 29, 1965 Africa Department  EQUIVALENTS 6S 1.00 $2. 872 6S0.345 $1.00 1 feddan = 1.038 acres = 4.200 square metres 1 kantar of seed cotton = 311.85 lbs. = approx. 100 lbs. of lint  CONTENTS Page BASIC DATA SUMMARY AND CONCLUSIONS I. INTRODUCTION ................ .......* . . . ......1 II. RECENT DEVELOFTENTS ....................... 2 A. Summary and. Immediate Prospects . . 2 B. Growth of Output .. ................................. 3 C. Investments ... ................ 4 D. Finance ................. The Public Sector 6 The Private Sector and the Overall Monetary Situation ....................................... 7 External Finance ........................ 8 III. PROSPECTS FOR ECONOMIC GROWTH ..0........................ 'O A. Production and Investment ....................... 10 B. Finance ..................... ................... 13 Internal Prospects ................ .................. 13 External Prospects and Creditworthiness ". . 14 STATISTICAL ANNEX  THE SUDAN BASIC DATA AIEA: 1 million square miles POPULATION: (1964) 13.2 million Rate of growth 2.8% Population density 13 per square mile -Population density of arable land 1300 per square mile POLITICAL STATUS: Independent since January 1956 GIOSS NATIONAL PRODUCT (1963/64;