Cover IMF Staff Country Reports
Sudan: Midyear Review of the 2004 Staff-Monitored Program
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2005: Issue 184
Language:
English
Publication Date:
06 Jun 2005
DOI:
https://doi.org/10.5089/9781451833751.002
ISBN:
9781451833751
ISSN:
1934-7685
Pages:
40
Keywords:
ISCR; CR; government; exchange rate; debt service; cash basis; current account; monetary policy; oil revenue; fund staff estimate; Monetary base; Currencies; Oil; gas and mining taxes
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This paper presents the midyear review of the 2004 Staff-Monitored Program (SMP) for Sudan. Policy performance in the first half of 2004 was broadly in line with the program. All quantitative benchmarks and most structural benchmarks were met. Real GDP growth has been stronger than anticipated under the program, but inflation pressures are rising. The current account deficit (cash basis) was 1½ percent of GDP, better than programmed, owing to a broad-based rise in exports and high private transfers.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2005: Issue 184