Sudan: 2013 Article IV Consultation

International Monetary Fund

No 2013/317, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2013 Article IV Consultation highlights that Sudan’s economic performance in 2012 was unfavorable despite the introduction in June 2012 of a package of reforms. Non-oil real GDP growth slowed to 4.6 percent, inflation rose to 44.4 percent by the end of the year, and the gap between the official and curb market exchange rates remained at about 20 percent by end-December. The outlook for 2013 and the medium term are unfavorable. Non-oil real GDP growth is projected to slow further to 2.3 percent in 2013, and to remain below potential at about 3 percent over the medium term.

Keywords: ISCR; CR; WEO oil price projection; authority; Sudanese authorities; GDP; Sudan; consumer price inflation; oil agreement; governments of Sudan; Exchange rates; Commercial banks; Inflation; Global; Middle East; Sub-Saharan Africa; Africa; Policy discussion (search for similar items in EconPapers)
Pages: 104
Date: 2013-11-01
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