Sudan Resident Representative Site
Resident Representative Office in Sudan
This web page presents information about the work of the IMF in Sudan, including the activities of the IMF Resident Representative Office. Additional information can be found on the Sudan and IMF country page, including IMF reports and Executive Board documents that deal with Sudan.
News — Highlights
Sudan and the IMF
Sudan: First Review Under the Staff Monitored Program; and Statement by the Executive Director for Sudan
Sudan: Staff Monitored Program-Staff Report; Press Release; and Statement by the Executive Director for Sudan
July 15, 2014
Series: Country Report No. 14/203
Sudan -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, June 26, 2014
June 26, 2014
PDF File Size: 326Kb
Press Release: Statement at the Conclusion of an IMF Mission to Sudan to Conduct the First Review under the Staff-Monitored Program
Regional Economic Outlook Update: Middle East & Central Asia
Economic developments in the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) continue to reflect the diversity of conditions prevailing across the region. Most high-income oil exporters, primarily in the GCC, continue to record steady growth and solid economic and financial fundamentals, albeit with medium-term challenges that need to be addressed. In contrast, other countries—Iraq, Libya, Syria—are mired in conflicts with not just humanitarian but also economic consequences. And yet other countries, mostly oil importers, are making continued but uneven progress in advancing their economic agenda, often in tandem with political transitions and amidst difficult social conditions. In most of these countries, without extensive economic and structural reforms, economic prospects for the medium term remain insufficient to reduce high unemployment and improve living standards.
Economic activity in the Caucasus and Central Asia (CCA) region is weakening, mainly because of the near-term slowdown and rising regional tensions affecting Russia, a key trading partner and sources of remittance and investment inflows, as well as weaker domestic demand in a number of CCA countries. Near-term risks are to the downside and tied to the fortunes of large trading partners. Policies need to focus on bolstering economic stability and, where needed, short-term support to ailing economic growth. In addition, a new model for high, sustained, diversified, and inclusive growth is needed to set the direction for economic policies for the next decade.