## Sudan: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Sudan

_IMF Staff Country Reports, December 11, 2017_

## Source details

**Canonical URL:** [Sudan: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Sudan](https://www.imf.org/en/publications/cr/issues/2017/12/11/sudan-2017-article-iv-consultation-press-release-staff-report-and-statement-by-the-executive-45456)

## Other formats

- [Markdown version](/en/publications/cr/issues/2017/12/11/sudan-2017-article-iv-consultation-press-release-staff-report-and-statement-by-the-executive-45456/index.md)
- [Structured JSON version](/en/publications/cr/issues/2017/12/11/sudan-2017-article-iv-consultation-press-release-staff-report-and-statement-by-the-executive-45456/index.json)
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## Bibliographic details
- Published: December 11, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484331668.002

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### Economic context and shocks
- Economic conditions in Sudan have been challenging since the secession of South Sudan in 2011 and the loss of the bulk of oil production and exports.
- Authorities implemented partial policy adjustments to help stabilize the economy and reestablish growth, most recently by allowing for greater exchange rate flexibility and reducing fuel subsidies.

### Balance of payments and demand
- The current account deficit (cash basis) is expected to decline by 3.25 percentage points to 2.75 percent of GDP in 2017.
- Data for the first half of 2017 indicate weaker real domestic demand, partly offset by a strengthening contribution from net exports.

### Policy actions and implications
- Recent policy measures highlighted:
  - Greater exchange rate flexibility.
  - Reduction of fuel subsidies.
- These partial adjustments are aimed at stabilization and reestablishing growth following the 2011 secession shock and loss of oil export revenues.

*International Monetary Fund. Sudan: 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Sudan, December 11, 2017.*

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## Content in this bundle

- **Country Report**
  - [Country Report (Markdown version)](/-/media/files/publications/cr/2017/cr17364.pdf.md){rel="alternate" type="text/markdown"}
  - [Country Report (PDF)](/-/media/files/publications/cr/2017/cr17364.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2017/12/11/sudan-2017-article-iv-consultation-press-release-staff-report-and-statement-by-the-executive-45456_