Sudan primarily exports agricultural and mineral commodities. The government has prioritized investment in value-added activities, such as meat-processing facilities. It is willing to offer tax and land incentives but has no financial resources to offer. The Sudanese government’s outstanding international debt obligations, extending back several decades, were estimate at roughly $56 billion in 2021 (including fees and accrued interest). Under the CLTG’s governance, the U.S. government led an international debt restructuring effort to substantially reduce the country’s external debt burden. Those efforts were paused following the military takeover. Currently, Sudan faces significant challenges accessing international credit and cannot issue sovereign guarantees. There are currently no major infrastructure projects underway or significant government procurement projects in the foreseeable future.
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