1.

Record Nr.

UNINA9910154886303321

Titolo

Sudan : : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Sudan

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2016

ISBN

1-4755-4395-6

1-4755-4400-6

Descrizione fisica

1 online resource (81 pages) : illustrations, tables, graphs

Collana

IMF Staff Country Reports

Disciplina

338.9

Soggetti

Economic development - Sudan

Fiscal policy - Sudan

Exports and Imports

Financial Risk Management

Foreign Exchange

Money and Monetary Policy

Public Finance

Macroeconomics

International Lending and Debt Problems

Debt

Debt Management

Sovereign Debt

Taxation, Subsidies, and Revenue: General

Monetary Systems

Standards

Regimes

Government and the Monetary System

Payment Systems

Data Collection and Data Estimation Methodology

Computer Programs: Other

International economics

Currency

Foreign exchange

Public finance & taxation

Finance

Monetary economics

Econometrics & economic statistics

External debt

Public debt



Debt relief

Revenue administration

Asset and liability management

Debts, External

Debts, Public

Revenue

Money

Statistics

Sudan

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Sommario/riassunto

This 2016 Article IV Consultation highlights that Sudan is facing significant domestic and international constraints and large macroeconomic imbalances despite efforts made toward macroeconomic stability and growth. Although good harvests boosted growth to close to 5 percent in 2015, external imbalances widened owing to low commodity export prices, expansionary policies, and insufficient exchange rate adjustment. The terms-of-trade shock widened the current account deficit to 6 percent of GDP in 2015. The budget deficit widened to 1.9 percent of GDP owing to shortfalls in oil revenue. Inflation, which had been contained to 12.6 percent at end-2015, rose to 16.5 percent in July 2016. The outlook is subject to significant downside risks.