Author
International Monetary Fund. Middle East and Central Asia Dept.
Publication Date
2016
Publication Place
Washington, D.C. -
International Monetary Fund
Subject
Currency, Debt Management, Debt relief, Debt, Debts, External, Debts, Public, Exports and Imports, External debt, Finance, Financial Risk Management, Foreign Exchange, Foreign exchange, Government and the Monetary System, International economics, International Lending and Debt Problems, Monetary economics, Monetary Systems, Money and Monetary Policy, Money, Payment Systems, Public debt, Public finance & taxation, Public Finance, Regimes, Revenue administration, Revenue, Sovereign Debt, Standards, Taxation, Subsidies, and Revenue: General, Sudan
Type
Book
Language
Arabic
Digital
Yes
Manuscript
No
Pages Count
80
Library
Wesleyan University Library
Library Asset ID
ISBN : 9781475562491, ISBN : 1475562497, ISBN : 9781475562484, ISBN : 1475562489
Record ID
alma9933318276203768
Library Location
See online access
Date
2016
Notes
Sudan is a low-income fragile country facing significant domestic and international constraints and large macroeconomic imbalances despite notable progress toward macroeconomic stability and growth. Following the shock of the secession of South Sudan five years ago, policy adjustments helped to contain the fiscal deficit, slow money growth, reduce inflation, and support economic recovery. Institutional reforms strengthened tax collections and public financial management, and social spending increased. Despite these efforts, however, large macroeconomic imbalances—triggered by the loss of three-quarters of oil exports—continue to constrain growth prospects, along with weak policies, internal conflicts, and U.S. sanctions. Domestic and international efforts to end internal conflicts have yet to bear fruit, and the humanitarian situation remains difficult. Sanctions and the withdrawal of correspondent bank relations weigh on trade, investment, and growth. Absence of progress toward debt relief limits access to official external financing.
Seri
IMF Staff Country Reports, IMF Staff Country Reports; Country Report ; No. 2016/324