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THE IMPACT OF GLOBAL FINANCIAL CRISIS ON SUDAN ECONOMY


Dr. Musa Yousif Mohammed Albour

University of Bukhat Ruda, Faculty of Economics and Administration Sciences, Department of Economics, Sudan


ABSTRACT

The global financial crisis in2008 has effects on the various aspect of the global economy, the main objective of this study is to evaluation the impact effect of the global financial crisis in Sudanese economic. Data was generated from secondary sources .the main result that Sudan economy is partially insulated from the direct effect of the global economic meltdown. But as our economy is integrated with that of the U.S.A and U.K to some extents, we are filling some direct and indirect impacts of the crisis. This is because Sudan with more than 90% of her revenue coming from agricultural export, that means the effects of financial crises in low level. Because Sudan's economy is predominantly based on agriculture. The importance of agriculture rests on its substantial contribution to GDP, export, employment and production of food and raw material for industries.


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