Sudan: Midyear Review of the 2004 Staff-Monitored Program

June 6, 2005

Preview Citation

Format: Chicago

Sudan: Midyear Review of the 2004 Staff-Monitored Program, (USA: International Monetary Fund, 2005) accessed November 30, 2024

Summary

This paper presents the midyear review of the 2004 Staff-Monitored Program (SMP) for Sudan. Policy performance in the first half of 2004 was broadly in line with the program. All quantitative benchmarks and most structural benchmarks were met. Real GDP growth has been stronger than anticipated under the program, but inflation pressures are rising. The current account deficit (cash basis) was 1½ percent of GDP, better than programmed, owing to a broad-based rise in exports and high private transfers.

Subject: Commodities, Currencies, External debt, Monetary base, Money, Oil, Oil, gas and mining taxes, Taxes

Keywords: Cash basis, CR, Currencies, Current account, Debt service, Exchange rate, Fund staff estimate, Gas and mining taxes, Government, ISCR, Monetary base, Monetary policy, Oil, Oil revenue

Publication Details

Pages:

40
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/184
Stock No:

1SDNEA2005002
ISBN:

9781451833751
ISSN:

1934-7685

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