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.

Sudan and the IMF

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Sudan: At A Glance

  • Current IMF membership: 190 countries
  • Sudan joined the Fund on September 5, 1957; Article VIII
  • Sudan's Financial Position in the Fund; Quota: SDR 169.70 million

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News and Highlights

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Sudan and the IMF

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Regional Economic Outlook

May 3, 2023

The economies of the Middle East and Central Asia (ME&CA) proved resilient in 2022, despite a series of global shocks. However, this year—and potentially next—growth is expected to slow in the Middle East and North Africa (MENA) as tight policies to fight inflation, reduce vulnerabilities, and rebuild buffers start to dent economic activity in many countries, and agreed oil production cuts curb growth in oil exporters. Inflation is projected to remain persistent. The outlook for Caucasus and Central Asia (CCA) countries depends heavily on external factors, namely the impact of monetary tightening, growth in their main trading partners, the pace of private transfers, and inflows of migrants from Russia. Uncertainty is high, and risks to the baseline are tilted to the downside amid financial stability concerns—particularly in advanced economies amid contagion fears. Policy trade-offs are even more complex, and policymakers will need to calibrate the policy mix carefully to reduce core inflation without triggering financial stress and excessive tightening and continue to provide targeted fiscal support to vulnerable groups while preserving debt sustainability and financial stability. Tight monetary and fiscal policies across the region amid tight global financial conditions call for accelerating structural reforms to bolster potential growth and enhance resilience.
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