07646oam 22015134 450 991078917340332120230803034135.01-4843-9516-61-4755-2713-61-4843-2737-3(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(IMF)1SDNEE2013001(IMF)1SDNEA2013001(EXLCZ)99371000000007407920020129d2013 uf 0engurcnu||||||||txtccrSudan : 2013 Article IV ConsultationWashington, D.C. :International Monetary Fund,2013.1 online resource (108 p.)IMF Staff Country ReportsIMF 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 ReportThis 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.IMF Staff Country Reports; Country Report ;No. 2013/317PovertyGovernment policySudanEconomic developmentSudanBanks and BankingimfExports and ImportsimfForeign ExchangeimfMoney and Monetary PolicyimfPublic FinanceimfInternational Lending and Debt ProblemsimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfDebtimfDebt ManagementimfSovereign DebtimfMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralimfFinancial Institutions and Services: Government Policy and RegulationimfInternational economicsimfMonetary economicsimfBankingimfPublic finance & taxationimfCurrencyimfForeign exchangeimfMacroeconomicsimfExternal debtimfPublic debtimfMonetary baseimfExchange ratesimfCommercial banksimfFinancial institutionsimfInflationimfPricesimfFinancial servicesimfDebts, ExternalimfBanks and bankingimfDebts, PublicimfFinancial services industryimfSudanEconomic policySudanimfPovertyGovernment policyEconomic developmentBanks and BankingExports and ImportsForeign ExchangeMoney and Monetary PolicyPublic FinanceInternational Lending and Debt ProblemsBanksDepository InstitutionsMicro Finance InstitutionsMortgagesDebtDebt ManagementSovereign DebtMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralFinancial Institutions and Services: Government Policy and RegulationInternational economicsMonetary economicsBankingPublic finance & taxationCurrencyForeign exchangeMacroeconomicsExternal debtPublic debtMonetary baseExchange ratesCommercial banksFinancial institutionsInflationPricesFinancial servicesDebts, ExternalBanks and bankingDebts, PublicFinancial services industry338.04International Monetary Fund.Middle Eastern Department.DcWaIMFBOOK9910789173403321Sudan.496013UNINA