Sudan: Second Review Under the 2009-10 Staff-Monitored Program-Staff Report; Staff Supplement; and Statement by the Executive Director for Sudan

April 11, 2011

Preview Citation

Format: Chicago

Sudan: Second Review Under the 2009-10 Staff-Monitored Program-Staff Report; Staff Supplement; and Statement by the Executive Director for Sudan, (USA: International Monetary Fund, 2011) accessed November 28, 2024

Summary

Economic growth is estimated to have moderated further in 2010 to about 5 percent, reflecting slower growth in both the oil and non-oil sectors. The overall commitment fiscal deficit for 2010 is now estimated at 2.7 percent of GDP, about 0.6 percentage point of GDP below the program target. Monetary policy was expansionary in the first half of 2010, but was subsequently tightened. The current account deficit narrowed during the first three quarters of 2010 largely driven by an increase in oil exports.

Subject: Banking, Commodities, Currencies, Expenditure, Fiscal policy, Fiscal stance, Money, Oil, Oil, gas and mining taxes, Taxes

Keywords: Authority, CR, Currencies, Debt, Debt apportionment, Debt stock reconciliation, Fiscal stance, Gas and mining taxes, Global, Government, Government of Southern Sudan, Government sector, ISCR, Oil, PFM reform, Referendum result, Sudanese authorities

Publication Details

Pages:

37
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2011/086
Stock No:

1SDNEA2011001
ISBN:

9781455230051
ISSN:

1934-7685

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