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Sudan: Staff: Monitored Program for 2009-10

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  • International Monetary Fund

Abstract

This paper discusses the staff-monitored program (SMP) for 2009–10 for Sudan. Sudan’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 2009–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.

Suggested Citation

  • International Monetary Fund, 2009. "Sudan: Staff: Monitored Program for 2009-10," IMF Staff Country Reports 2009/218, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2009/218
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=23116
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    Cited by:

    1. World Bank, 2011. "Republic of Chad - Public Expenditure Review Update : Using Public Resources for Economic Growth and Poverty Reduction," World Bank Publications - Reports 2821, The World Bank Group.

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