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The Sudanese Economy
principal food crop, and wheat is grown for domestic
consumption. Sesame seeds and peanuts are cul-
tivated for domestic consumption and increasingly
for export. Livestock production has vast potential,
and many animals, particularly camels and sheep,
are exported to Egypt, Saudi Arabia, and other Arab
countries. However, Sudan remains a net importer
of food. Problems of irrigation and transportation
remain the greatest constraints to a more dynamic
agricultural economy.
Sudan’s laws treat domestic and foreign investments
equally. Sudanese residents are free to operate for-
eign exchange accounts and non-residents are al-
Toti Bridge
lowed to hold the same with government approval. In
addition, government approval is required in certain
specific sectors and some restrictions apply to capi-
tal market transactions, credit operations, money
market instruments and outward direct investment.
Historically, the China, Saudi Arabia, Kuwait, and
other Organization of Petroleum Exporting Coun-
tries (OPEC) nations have supplied most of Sudan’s
economic assistance. Sudan’s role as an economic
link between Arab and African countries is reflected
by the presence in Khartoum of the Arab Bank for
African development. The World Bank had been the
largest source of development loans.