Fact check

The IMF staff report states that the war has led to a collapse of fiscal revenues, a 300% inflation spike, and a loss of over $10 billion in foreign exchange reserves, concluding that the economy has been "devastated by conflict."

The bulletin reports that Sudan's GDP contracted by an estimated 30% in 2024, inflation surged above 250%, and export revenues fell by 45% due to the ongoing war, describing the situation as a "devastating blow to the national economy."

The report shows a 28% decline in GDP, inflation above 260%, and a 35% drop in agricultural output, labeling the overall economic situation as "severe and deteriorating due to the war."

The World Bank notes that real GDP fell 25% year‑on‑year after the war began, with the manufacturing sector shrinking 40% and public finances under severe stress, calling the impact "catastrophic for the economy."

Reuters analysis cites World Bank and IMF data showing a 27% GDP contraction and a surge in poverty to 70% of the population, describing the war as having "devastated the Sudanese economy."

Al Jazeera reports that unemployment rose to 45% and that key sectors such as manufacturing and services have collapsed, attributing the downturn directly to the ongoing conflict.

The press release claims that despite the war, the agricultural sector grew 5% in 2024 and that foreign direct investment in renewable energy increased by 12%, arguing that the economy remains "resilient."

The MEI analysis highlights a 7% rise in agricultural output in early 2025, suggesting that some sectors are rebounding and that the overall economic damage may be less severe than earlier estimates.