Sudan: Article IV Consultation: Staff Report; Debt Sustainability Analysis; Staff Statement; Public Information Notice on the Executive Board Discussion; Statement by the Executive Director
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Summary:
Sudan has been adversely affected by the global crisis through a sharp decline in oil receipts. Executive Directors welcomed the Staff-Monitored Program (SMP), which aimed to reduce the fiscal deficit, tighten monetary stance, and increase exchange rate flexibility. Directors urged the authorities to maintain prudent macroeconomic policies and to accelerate fiscal and financial sectors as well as structural reforms. Directors agreed that progress on debt relief under HIPC for Sudan is essential to remove the debt overhang and regain access to concessional financing for development and social projects.
Series:
Country Report No. 2010/256
Subject:
Banking Debt sustainability analysis External debt Fiscal policy Fiscal stance Oil prices Prices Public and publicly-guaranteed external debt Public debt Revenue administration
English
Publication Date:
August 2, 2010
ISBN/ISSN:
9781455204168/1934-7685
Stock No:
1SDNEA2010001
Pages:
87
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