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, Khartoum mailing address: P. O. Box 699, Khartoum; APO AE 09829 telephone: [249] (183) 774701 FAX: [249] (183) 774137 note: US Consul in Cairo is providing backup service for Khartoum; consular services are being established in Juba (southern Sudan) Flag description: three equal horizontal bands of red (top), white, and black with a green isosceles triangle based on the hoist side Economy Sudan Economy - overview: Sudan has turned around a struggling economy with sound economic policies and infrastructure investments, but it still faces formidable economic problems, starting from its low level of per capita output. From 1997 to date, Sudan has been implementing IMF macroeconomic reforms. In 1999, Sudan began exporting crude oil and in the last quarter of 1999 recorded its first trade surplus, which, along with monetary policy, has stabilized the exchange rate. Increased oil production, revived light industry, and expanded export processing zones helped sustain GDP growth at 10% in 2006. Agricultural production remains Sudan's most important sector, employing 80% of the work force, contributing 35% of GDP, and accounting for most of GDP growth, but most farms remain rain-fed and susceptible to drought. Chronic instability - resulting from the long-standing civil war between the Muslim north and the Christian/pagan south, adverse weather, and weak world agricultural prices - ensure that much of the population will remain at or below the poverty line for years. GDP (purchasing power parity): $96.01 billion (2006 est.) GDP (official exchange rate): $25.5 billion (2006 est.) GDP - real growth rate: 9.6% (2006 est.) GDP - per capita (PPP): $2,300 (2006 est.) GDP - composition by sector: agriculture: 35.5% industry: 24.8% services: 39.7% (2006 est.) Labor force: 7.415 million (1996 est.) Labor force - by occupation: agriculture: 80% industry: 7% services: 13% (1998 est.) Unemployment rate: 18.7% (2002 est.) Population below poverty line: 40% (2004 est.) Household income or consumption by percentage share: lowest 10%: NA% highest 10%: NA% Inflation rate (consumer prices): 9% (2006 est.) Investment (gross fixed): 25.3% of GDP (2006 est.) Budget: revenues: $7.943 billion expenditures: $10.1 billion; including capital expenditures of $304 million (2006 est.) Public debt: 59.6% of
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