Sudan: 2007 Article IV Consultation and Staff-Monitored Program: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Sudan
October 11, 2007
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This 2007 Article IV Consultation highlights that Sudan’s economic growth continued to be strong in 2006. Overall real GDP increased by 12 percent, despite a lower growth in oil production than previously projected. Non-oil GDP increased by roughly 10 percent—buoyed by a continued recovery in agriculture and strong activity in manufacturing, construction, and services. The fiscal position weakened in 2006, reflecting mostly oil revenue shortfalls. The external current account position also deteriorated, reaching a deficit of roughly 13 percent of GDP.
Subject: Banking, Expenditure, External debt, Monetary base, Oil, gas and mining taxes, Public debt, Public financial management (PFM), Revenue administration
Keywords: authority, BOS cashflow table, broad money, commitment control procedure, CR, foreign exchange, Global, ISCR, June, June data, lower-than-budgeted expenditure, Middle East
Pages:
95
Volume:
2007
DOI:
Issue:
343
Series:
Country Report No. 2007/343
Stock No:
1SDNEA2007001
ISBN:
9781451833799
ISSN:
1934-7685
