Sudan: Report on the Final Review of the 2003 Staff-Monitored Program and the 2004 Staff—Monitored Program

Author: International Monetary Fund

Volume/Issue: Volume 2005 Issue 187

Publication date: June 2005

ISBN: 9781451833768

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Topics covered in this book

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Exports and Imports , Money and Monetary Policy , Public Finance , ISCR , CR , government , U , S , dollar , debt service , net , government sector , Sudanese authorities , reform program , debt management , government operation , economic growth , Monetary base , Budget planning and preparation

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Republic of Congo : 2001 Article IV

Summary

This report examines Sudan’s Final Review of the Staff-Monitored Program (SMP) for 2003 and 2004. Policy performance was in line with the program. All quantitative targets, except for that on contracting nonconcessional external debt, were met, and most structural benchmarks were implemented. Sudan made the agreed payment of $27 million to the IMF because of high oil prices and strong tax performance. Policy discussions for the 2004 SMP focused on the need to reinforce macroeconomic stability and to provide for post-conflict needs.