Sudan : First Review of Performance Under the 2007-08 Staff-Monitored Program

1SDNEA2008001 Image
Price:  $18.00

Release Date: © June, 2008
ISBN : 978-1-45183-380-5
Stock #: 1SDNEA2008001
English
Stock Status: On back-order

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Description

Sudan’s economic prospects are good, but risks remain. The report states that strong actions were taken for Government Finance Statistics Manuals and Guides (GFSM) implementation for monitoring domestic arrears under the Staff-Monitored Program (SMP). The need to maintain macroeconomic stability and implement strong monetary and fiscal policies are found to be essential. Higher oil prices and production have raised revenues. The need to correct past slippages and to reestablish fiscal credibility are found to be essential. Implementing delayed measures on public financial management and financial sector reform is crucial for restoring fiscal credibility and financial soundness.




More publications in this series: IMF Staff Country Reports