Sudan: Final Review Under the 2002 Staff-Monitored Program and the 2003 Program: Sudan; Final Review Under the 2002 Staff-Monitored Program and the 2003 Program
September 3, 2003
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Executive Directors commended Sudan's efforts to bring economic policies back on track and welcomed the establishment of a mechanism to save oil export receipts arising from higher-than-programmed oil prices, but underscored the need to strengthen budget control and monitoring systems. The audit of the Sudan Petroleum Company (SPC) was completed, and netting operations by public enterprises and the private sector were abolished. The authorities' medium-term strategy aims at consolidating macroeconomic stability, sustaining economic growth, and reducing poverty.
Subject: Commodities, External debt, Foreign exchange, Monetary base, Oil, Oil prices, Prices, Revenue administration
Keywords: CR, East Africa, exchange regime, government, government sector, international community, investment incentive regime, ISCR, Oil, Oil prices, policy implementation, regime, Southern Africa, Sudanese authorities
Pages:
61
Volume:
2003
DOI:
Issue:
273
Series:
Country Report No. 2003/273
Stock No:
1SDNEA0012003
ISBN:
9781451833713
ISSN:
1934-7685
