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Sudan

Sudan. iStock photo.

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

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Forecasting Inflation in Sudan

IMF Working Paper No. 09/132 Author/Editor: Moriyama, Kenji ; Naseer, Abdul Published: June 1, 2009 click for more

Investigating Inflation Dynamics in Sudan

IMF Working Paper No. 08/189 Author/Editor: Moriyama, Kenji Published: July 1, 2008 click for more

Sudan and the IMF

Press Release: IMF Executive Board Concludes 2014 Article IV Consultation with Sudan and Second Review under Staff Monitored Program

December 30, 2014

Sudan: 2014 Article IV Consultation and Second Review Under Staff-Monitored Program-Staff Report; Press Release; and Statement by the Executive Director for Sudan

December 30, 2014
Series: Country Report No. 14/364 click for more

Press Release: IMF Staff Completes Third Review for Sudan’s Staff Monitored Program

December 22, 2014

Press Release: IMF Executive Board Concludes 2014 Article IV Consultation with South Sudan

December 17, 2014

Press Release: IMF Management Concludes the Second Review under the Staff-Monitored Program for Sudan

December 3, 2014

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Regional Economic Outlook Update: Middle East & Central Asia

image from the publication cover

Learning to Live With Cheaper Oil Amid Weaker Demand

A large and possibly persistent decline in oil prices, and slower-than-projected growth in the euro area, China, Japan, and Russia, have substantially altered the economic context for countries in the Middle East and Central Asia. The appropriate policy response will depend on whether a country is an oil exporter or importer. A common theme, however, is that these developments present both an opportunity and an impetus to reform energy subsidies and step up structural reform efforts to support jobs and growth.

Lower oil prices have weakened the external and fiscal balances of oil exporters, including members of the Gulf Cooperation Council (GCC). Large buffers and available financing should allow most oil exporters to avoid sharp cuts in government spending, limiting the impact on near-term growth and financial stability. Oil exporters should prudently treat the oil price decline as largely permanent and adjust their medium-term fiscal consolidation plans so as to prevent major erosion of their buffers and to ensure intergenerational equity.

Gains from lower oil prices provide much-needed breathing space for oil importers but will be offset by a concurrent decline in external demand, particularly from Russia, but also from the euro area and China. Russia's sharp slowdown and currency depreciation have weakened the outlook for the Caucasus and Central Asia (CCA) because of strong linkages through trade, remittances, and foreign direct investment, suggesting the need for greater exchange rate flexibility and near-term fiscal easing where financing allows, along with stepped-up reform efforts. Click for more

Resident Representative for Sudan

Mr. Lodewyk Erasmus
Office: (+249) 187 056-737
Cellular: (+249) 96 928-8120
Fax: (+249) 83 76 70 08
Email: LERASMUS@imf.org