Sudan: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Sudan
Volume/Issue:
Volume 2016
Issue 324
Publication date: October 2016
ISBN: 9781475543933
$18.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
| Paperback | ePub | Mobi | ||
| Arabic | ||||
| English |
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book
This title contains information about the following subjects.
Click on a subject if you would like to see other titles with the same subjects.
Exports and Imports , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , ISCR , CR , financing , debt , GDP , exchange rate , authority , consolidation effort , CBOS rate , stabilization effort , Sudanese authorities , stabilization policy , Debt relief , Global , Middle East , Africa
Summary
This 2016 Article IV Consultation highlights that Sudan is facing significant domestic and international constraints and large macroeconomic imbalances despite efforts made toward macroeconomic stability and growth. Although good harvests boosted growth to close to 5 percent in 2015, external imbalances widened owing to low commodity export prices, expansionary policies, and insufficient exchange rate adjustment. The terms-of-trade shock widened the current account deficit to 6 percent of GDP in 2015. The budget deficit widened to 1.9 percent of GDP owing to shortfalls in oil revenue. Inflation, which had been contained to 12.6 percent at end-2015, rose to 16.5 percent in July 2016. The outlook is subject to significant downside risks.
Copyright © 2010 - 2024
Powered by:
AIDC