IMF Staff Country Reports

Sudan: 2003 Article IV Consultation and First Review of the 2003 Staff-Monitored Program-Staff Report; and Public Information Notice on the Executive Board Discussion

December 19, 2003

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Format: Chicago

International Monetary Fund. "Sudan: 2003 Article IV Consultation and First Review of the 2003 Staff-Monitored Program-Staff Report; and Public Information Notice on the Executive Board Discussion", IMF Staff Country Reports 2003, 390 (2003), accessed 12/23/2025, https://doi.org/10.5089/9781451833737.002

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Summary

The discussions focused on reviewing the reforms that were implemented since the last consultation, policies for the remainder of the year as well as the parameters of the 2004 program, and the medium-term outlook. Executive Directors encouraged the exchange and monetary systems, but additional efforts are needed on the fiscal front. Finally, a progress was achieved in preparing a medium-term economic program that will be underpinned by the preparation, for the first time, of a three-year rolling medium-term budget (MTB).

Subject: Budget planning and preparation, Exchange rate arrangements, External debt, Foreign exchange, Monetary base, Money, Oil, gas and mining taxes, Taxes

Keywords: balance of payments, broad money growth, CR, East Africa, Exchange rate arrangements, gas and mining taxes, government, ISCR, managed float, Monetary base, Oil, oil revenue, reform program, regime, Southern Africa, Sudanese authorities