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International Monetary Fund. Middle East and Central Asia Dept.
International Monetary Fund. Middle East and Central Asia Dept.
This Joint Staff Advisory Note (JSAN) reviews the Sudan Poverty Reduction Strategy Paper (PRSP) for the period 2021–2023. The PRSP was prepared by the Government of Sudan, drawing on lessons learned from the implementation of the 2012 interim poverty reduction strategy paper (I-PRSP).1 The PRSP was approved by the Council of Ministers on May 11, 2021. The government submitted the PRSP to IDA and the IMF on May 12, 2021 to fulfill the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative’s poverty reduction strategy requirement.
International Monetary Fund. Middle East and Central Asia Dept.

This Joint Staff Advisory Note (JSAN) reviews the Sudan Poverty Reduction Strategy Paper (PRSP) for the period 2021–2023. The PRSP was prepared by the Government of Sudan, drawing on lessons learned from the implementation of the 2012 interim poverty reduction strategy paper (I-PRSP).1 The PRSP was approved by the Council of Ministers on May 11, 2021. The government submitted the PRSP to IDA and the IMF on May 12, 2021 to fulfill the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative’s poverty reduction strategy requirement.

International Monetary Fund. Middle East and Central Asia Dept.

IMF Country Report No. 21/144

International Monetary Fund. Middle East and Central Asia Dept.
Sudan, with the support of the international community, is implementing an ambitious reform program to address major macroeconomic imbalances and support sustainable, inclusive growth. A new transitional government was established in the wake of the 2019 revolution with the mandate to carry out sweeping reforms to reverse decades of economic and social decline. The government is pursuing a transformational reform agenda focused on: (i) achieving internal peace based on inclusion, regional equity, and justice; (ii) stabilizing the economy and correcting large macroeconomic imbalances; (iii) providing a foundation for future rapid growth, development, and poverty reduction; and (iv) improving governance and transparency.
International Monetary Fund. Middle East and Central Asia Dept.

1. This paper presents an assessment of the qualification of Sudan (hereafter “Sudan”) for assistance under the Enhanced Heavily-Indebted Poor Countries (HIPC) Initiative.1 The assessment is based on a joint HIPC debt relief analysis (DRA) conducted by IMF and IDA staffs and the Sudanese authorities.2 The Executive Boards of the IDA and IMF discussed the preliminary HIPC document for Sudan on March 23 and 26, respectively. On these occasions, Directors confirmed that Sudan is eligible for assistance under the HIPC Initiative in view of its status as a Poverty Reduction and Growth Trust (PRGT)-eligible and IDA-only country, its overall track record of reforms, and its external debt indicators being above the relevant HIPC Initiative threshold after taking into account the debt relief provided under traditional debt relief mechanisms. Directors also indicated that the country could reach the Decision Point provided that it: (1) completes satisfactorily the second review under the Staff-Monitored Program (SMP); (2) clears its arrears to World Bank, AfDB, and IMF, and agrees a strategy to clear arrears to other multilateral creditors; and (3) agrees a set of appropriate Completion Point triggers with IMF and IDA staffs.

International Monetary Fund. Middle East and Central Asia Dept.

SUDAN

International Monetary Fund. Middle East and Central Asia Dept.

IMF Country Report No. 21/143

International Monetary Fund. Middle East and Central Asia Dept.

IMF Country Report No. 21/142