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Page added on December 13, 2005

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Oil output, profits prop up Sudan economy

Sudan’s economy is set to expand 13.4 percent next year, from an expected 8.3 percent in 2005, amid higher oil output and profits, the International Monetary Fund said on Monday.

..The global lender said the government believed the best approach was to gradually increase the fuel price, likely starting at the end of 2005 or in early 2006. Fuel prices are traditionally set by decree and are not automatically adjusted in response to changing market conditions.

Sudan Tribune



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