{
  "title": "Sudan: Midyear Review of the 2005 Staff-Monitored Program",
  "publication": "IMF Staff Country Reports, December 12, 2005",
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  "summary": "This paper on the midyear review of the 2005 staff-monitored program for Sudan reports that after a mixed performance under the staff-monitored program, the authorities are taking corrective measures to bring the program back on track.",
  "publishDate": "2005-12-12",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Overview of program performance",
      "content": "- After a mixed performance under the staff-monitored program, the authorities are taking corrective measures to bring the program back on track.\n- Actions already taken include imposing strict controls on nonpriority government spending, tightening monetary policy, and committing to stop nonconcessional borrowing."
    },
    {
      "heading": "Fiscal policy and expenditure management",
      "content": "- Strict controls on nonpriority government spending have been imposed.\n- Recommendation: Expenditures should be allocated to priority sectors and high-return projects.\n- Recommendation: Fuel subsidies should be reduced."
    },
    {
      "heading": "Monetary policy and inflation management",
      "content": "- The authorities have tightened monetary policy as part of corrective measures.\n- Subject tags include: Inflation, Monetary base, Money, Prices."
    },
    {
      "heading": "External buffers and oil-related policy",
      "content": "- The oil saving account will continue to play an important role in providing self-insurance against an oil price shock.\n- Subject tags include: Oil, Oil prices, Commodities."
    },
    {
      "heading": "Key findings and policy commitments",
      "content": "- Authorities committed to stop nonconcessional borrowing.\n- Emphasis on prioritizing spending and reducing subsidies to improve program outcomes.\n\n---\n\n Content in this bundle\n\n- cr05430\n  - cr05430 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr05430 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/sudan-midyear-review-of-the-2005-staff-monitored-program-18761"
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    "Published: December 12, 2005",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451833775.002",
    "After a mixed performance under the staff-monitored program, the authorities are taking corrective measures to bring the program back on track.",
    "Actions already taken include imposing strict controls on nonpriority government spending, tightening monetary policy, and committing to stop nonconcessional borrowing.",
    "Strict controls on nonpriority government spending have been imposed.",
    "Recommendation: Expenditures should be allocated to priority sectors and high-return projects.",
    "Recommendation: Fuel subsidies should be reduced.",
    "The authorities have tightened monetary policy as part of corrective measures.",
    "Subject tags include: Inflation, Monetary base, Money, Prices.",
    "The oil saving account will continue to play an important role in providing self-insurance against an oil price shock.",
    "Subject tags include: Oil, Oil prices, Commodities.",
    "Authorities committed to stop nonconcessional borrowing.",
    "Emphasis on prioritizing spending and reducing subsidies to improve program outcomes.",
    "**_cr05430**"
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