European Parliament Library

Sudan :, Staff: Monitored Program for 2009-10

This paper discusses the staff-monitored program (SMP) for 2009–10 for Sudan. Sudan’s limited access to foreign financing means that significant adjustments in imports and expenditures are inevitable. The objectives of the new 18-month SMP (July 2009–December 2010) are to maintain macroeconomic stability and safeguard and rebuild foreign exchange reserves. The discussions on the SMP have focused mainly on crisis prevention. IMF staff recommends that fiscal policy of Sudan should be significantly tightened. The level of nonconcessional borrowing also needs to be carefully monitored
Table Of Contents
Cover; Contents; 1. Impact of Lower Oil Prices on the Exchange Rate and International Reserve..........; 2. Structural Fiscal Reforms under the SMP; Executive Summary; I.Introduction; II. Recent Economic Developments; Figures; 1. Real GDP Growth Decomposition, 2003-2010; 2. Fiscal Outcome, 2008; 3. Monetary Aggregates, 2005-2009; III. Policy Discussions; A. Overview; 4. Net International Reserves, 2005-2009; 5. Daily Exchange Rate Indices, January 2008-Present; 6. Financial Soundness Indicators; B. Macroeconomic Policies; 7. Proposed Fiscal Adjustments, 2009; C. Structural Reforms; Boxes
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (41 p.)
Specific Material Designation
Form Of Item

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