1.

Record Nr.

UNINA9910813132603321

Titolo

Sudan : : 2013 Article IV Consultation

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2013

ISBN

1-4843-9516-6

1-4755-2713-6

1-4843-2737-3

Edizione

[1st ed.]

Descrizione fisica

1 online resource (108 p.)

Collana

IMF Staff Country Reports

IMF country report ; ; no. 13/317

Disciplina

338.04

Soggetti

Poverty - Government policy - Sudan

Economic development - Sudan

Banks and Banking

Exports and Imports

Foreign Exchange

Money and Monetary Policy

Public Finance

International Lending and Debt Problems

Banks

Depository Institutions

Micro Finance Institutions

Mortgages

Debt

Debt Management

Sovereign Debt

Monetary Policy, Central Banking, and the Supply of Money and Credit: General

Financial Institutions and Services: Government Policy and Regulation

International economics

Monetary economics

Banking

Public finance & taxation

Currency

Foreign exchange

Macroeconomics

External debt

Public debt

Monetary base



Exchange rates

Commercial banks

Financial institutions

Inflation

Prices

Financial services

Debts, External

Banks and banking

Debts, Public

Financial services industry

Sudan Economic policy

Sudan

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Cover; CONTENTS; CONTEXT; RECENT DEVELOPMENTS, OUTLOOK, AND RISKS; A. Recent Developments; B. Outlook and Risks; POLICY DISCUSSIONS; A. Restoring Macroeconomic Stability and Addressing Near-Term Challenges; BOXES; 1. Taxations of Gold; 2. Monetary Policy Transmission Mechanism; 3. External Stability Assessment; 4. Banking Sector Soundness and Development; B. A Strategy for Sustainable and Inclusive Growth; EXTERNAL DEBT ISSUES; ARTICLE VIII ISSUES; OTHER ISSUES; STAFF APPRAISAL; FIGURES; 1. Selected Economic Indicators; 2. Selected Political and Social Indicators

3. Selected Economic and Financial Indicators TABLES; 1. Selected Economic Indicators, 2010-18; 2. Balance of Payments, 2010-18; 3. Government Operations, 2010-18; 4. Monetary Survey, 2010-14; 5. Summary Accounts of the Monetary Authorities, 2010-14; 6. Summary Accounts of the Commercial Banks, 2010-14; 7. Medium-term Macroeconomic Outlook, 2010-18; 8. Financial Soundness Indicators for the Banking Sector, 2006-13; 9. Selected Economic Indicators, 2010-18; CONTENTS; RELATIONS WITH THE FUND; RELATIONS WITH THE WORLD BANK; RELATIONS WITH THE AFRICAN DEVELOPMENT BANK; STATISTICAL ISSUES; CONTENTS

BACKGROUND: SECESSION OF SOUTH SUDAN, A STRUCTURAL BREAK FIGURES; 1. Domestic Credit to the Private Sector; 2. Financial Depth; SUDAN'S FINANCIAL SYSTEM STRUCTURE; TABLES; 1. Structure of the Sudanese Financial; 3. Commercial Banks' Reserves; 4. Composition of Credit to Central Government; 5. Sudan Consumer Price Inflation; A. Banking Sector; BOXES; 1. Securities Subject to the 20 Percent Holding Ceiling; 6. Sudan Return on Equity Asset; 7. Bank Regulatory Capital to Risk Weighted Assets; 8. Nonperforming Loans to Total Loans; 2. Recent Rates of Return on Sudanese Bank Assets and Liabilities

9. Loan Loss Provisions to Nonperforming Loans 10. Gross Nonperforming Loans to Gross Loans; 11 Bank Regulatory Capital to Risk-Weighted Assets; 2. Banking Supervision Structure; 12. Commercial and Central Bank Credit to the Central Government and Non Government Sectors; B. Insurance Sector; 13. Gross Insurance Premia; C. Microfinance Sector; D. Equity Market; ACCESS TO FINANCIAL



SERVICES CHALLENGES; POLICY CONSTRAINTS IMPOSED BY FINANCIAL SHALLOWNESS AND THE CAP ON BANK HOLDING OF GOVERNMENT AND CBOS SECURITIES; CONCLUSIONS AND POLICY RECOMMENDATIONS; 3. Bank Supervision Recommendations

ANNEXIslamic Banking Terms Used in this Report

Sommario/riassunto

This 2013 Article IV Consultation highlights that Sudan’s economic performance in 2012 was unfavorable despite the introduction in June 2012 of a package of reforms. Non-oil real GDP growth slowed to 4.6 percent, inflation rose to 44.4 percent by the end of the year, and the gap between the official and curb market exchange rates remained at about 20 percent by end-December. The outlook for 2013 and the medium term are unfavorable. Non-oil real GDP growth is projected to slow further to 2.3 percent in 2013, and to remain below potential at about 3 percent over the medium term.