04902nam 22006731 450 991046486450332120210911000303.01-4843-9516-61-4755-2713-61-4843-2737-3(CKB)3710000000074079(EBL)1608882(SSID)ssj0001168942(PQKBManifestationID)11680585(PQKBTitleCode)TC0001168942(PQKBWorkID)11145032(PQKB)10677367(MiAaPQ)EBC1608882(Au-PeEL)EBL1608882(CaPaEBR)ebr10815423(CaONFJC)MIL550614(OCoLC)870245446(EXLCZ)99371000000007407920140107h20132013 uf 0engurcnu||||||||txtccrSudan 2013 Article IV ConsultationWashington, DC :International Monetary Fund, Middle East and Central Asia Dept.,[2013]©20131 online resource (108 p.)IMF country report ;no. 13/317Description based upon print version of record.1-4843-5504-0 Includes bibliographical references.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 Indicators3. 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; CONTENTSBACKGROUND: 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 Liabilities9. 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 RecommendationsANNEXIslamic Banking Terms Used in this ReportKEY ISSUES Context: The July 2011 secession of South Sudan led to the buildup of large economic imbalances in Sudan. The authorities responded in June 2012 with a comprehensive package of corrective measures, which laid the ground for a much-needed adjustment process. The reform process was expected to continue in 2013, through a second package of measures, which the authorities recently put together, but has yet to be implemented. The March 2013 agreement with South Sudan on oil and security matters is offering an opportunity to continue the adjustment process by implementing bold reformsIMF Staff Country ReportsPovertyGovernment policySudanEconomic developmentSudanSudanEconomic policyElectronic books.PovertyGovernment policyEconomic development338.04International Monetary Fund.Middle Eastern Department.MiAaPQMiAaPQMiAaPQBOOK9910464864503321Sudan.496013UNINA