Sudan: First Review Under the Staff-Monitored Program-Press Release; Staff Report; and Statement by the Executive Director for Sudan
International Monetary Fund
No 2021/082, IMF Staff Country Reports from International Monetary Fund
Abstract:
The transitional government embarked on an IMF-supported Staff-Monitored Program (SMP) in 2020 to help address major macroeconomic imbalances caused by decades of mismanagement, lay the groundwork for inclusive growth, and establish a track record of sound policies required for eventual HIPC debt relief. The challenges facing the authorities remain significant, but there have been improvements in both the domestic and external environment. International efforts to support Sudan have gained momentum and were bolstered by the removal of Sudan from the U.S. list of State Sponsors of Terrorism (SSTL), and the identification of bridge financiers for Sudan’s arrears clearance to IDA and the African Development Bank (AfDB). Meanwhile, the government has moved forward on important structural reforms, and on February 8, 2021 the signatories to the October peace agreement were brought into a newly formed cabinet which reaffirmed its commitment to the economic reform program.
Keywords: government securities market; Sudan's Staff-Monitored Program; reform implementation; B. Policy coordination; economic situation in Sudan; Exchange rate unification; Exchange rates; Currencies; Market exchange rates; Commercial banks; Global; Monetary base (search for similar items in EconPapers)
Pages: 67
Date: 2021-04-21
New Economics Papers: this item is included in nep-ara and nep-mac
References: Add references at CitEc
Citations:
Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=50176 (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2021/082
Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm
Access Statistics for this paper
More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().