Sudan; Staff: Monitored Program for 2009-10

This paper discusses the staff-monitored program (SMP) for 2009â€“10 for Sudan. Sudanâ€™s limited access to foreign financing means that significant adjustments in imports and expenditures are inevitable. The objectives of the new 18-month SMP (July 2009â€“December 2010) are to maintain macroeconomic stability and safeguard and rebuild foreign exchange reserves. The discussions on the SMP have focused mainly on crisis prevention. IMF staff recommends that fiscal policy of Sudan should be significantly tightened. The level of nonconcessional borrowing also needs to be carefully monitored.

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Year of publication:	2009-07-24
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Bank restructuring \| Banking sector \| Economic indicators \| External borrowing \| External debt \| Fiscal reforms \| Flexible exchange rates \| Government expenditures \| Social safety nets \| Staff-monitored programs \| Tax reforms \| foreign exchange \| central bank \| exchange rate \| exchange reserves \| foreign exchange reserves \| exchange rate flexibility \| repayments \| debt service \| domestic financing \| current account \| balance of payments \| current account balance \| exchange restrictions \| domestic debt \| nonconcessional debt \| debt relief \| foreign exchange market \| foreign exchange earnings \| exchange earnings \| external loans \| exchange rate policy \| real exchange rate \| exchange rate indices \| flexible exchange rate \| real effective exchange rate \| flexible exchange rate policy \| effective exchange rate \| current account deficit \| reserve assets \| debt service payments \| principal repayment \| equilibrium exchange rate \| exchange rates \| daily exchange rate \| public finances \| public and publicly guaranteed debt \| long-term external debt \| external debt service \| external financing \| domestic currency \| exchange rate intervention \| debt-relief \| publicly-guaranteed \| foreign debt \| exchange rate system \| debt management \| exchange rate pressures \| domestic borrowing \| debt reports \| external debt burden \| debt units \| debt management functions \| debt situation \| debt burden \| debt unit \| debt \| exchange rate policies \| public and publicly guaranteed \| debt overhang \| debt sustainability \| exchange rate depreciation \| debt service capacity

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 09/218 4 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011245665