Sudan : Staff: Monitored Program for 2009-10

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Release Date: © July, 2009
ISBN : 978-1-45183-381-2
Stock #: 1SDNEA2009001
Stock Status: On back-order

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This paper discusses the staff-monitored program (SMP) for 2009–10 for Sudan. Sudan’s limited access to foreign financing means that significant adjustments in imports and expenditures are inevitable. The objectives of the new 18-month SMP (July 2009–December 2010) are to maintain macroeconomic stability and safeguard and rebuild foreign exchange reserves. The discussions on the SMP have focused mainly on crisis prevention. IMF staff recommends that fiscal policy of Sudan should be significantly tightened. The level of nonconcessional borrowing also needs to be carefully monitored.


Economic policy , Exchange rate policy , Fiscal policy , Foreign exchange , Monetary policy

More publications in this series: IMF Staff Country Reports