Sudans non-oil gross domestic product (GDP) growth is predicted to slow to 2.3 per cent in 2013, according to the Washington-headquartered IMFs latest assessment of the African country.
By the end of 2012, GDP growth slowed to 4.6 per cent and inflation rose to 44.4 per cent by the end of the year.
The fund found that although inflation would ease in the coming year, it would remain in double-digits. At the end of August, year-on-year inflation stood at 22.9 per cent.
The IMFs report, which was concluded at the end of September, warns the countrys economy faces significant risks, with the main risk being the potential instability in the run-up to the 2015 presidential election, as well as regional civil conflicts.
Sudans economy has suffered due to the fall in oil revenues following the split from oil-producing South Sudan in 2011.
The IMF made several recommendations to put Sudans economy back on track. These include phasing out subsidies and increasing tax revenues. Sudans government will also need to work with South Sudan to reach agreements with creditors on it large external debt obligations.