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Sudan: Staff Report for the 2000 Article IV Consultation and Fourth Review of the First Annual Program Under the Medium-Term Staff-Monitored Program

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  • International Monetary Fund

Abstract

The macroeconomic objectives of the 1999 Staff-Monitored Program (SMP) have been broadly achieved in Sudan. The macroeconomic situation at the end of 1999 was modestly more expansionary than programmed. Budget expenditure was maintained below the program level throughout the year and a surge in oil prices in late 1999 has increased oil revenue above budgeted amounts. Broad money growth at end-December was roughly in line with the 1999 program. Both oil and non-oil revenue were strong in the first two months, and expenditure was below trend, allowing the government to build up deposits at the central bank.

Suggested Citation

  • International Monetary Fund, 2000. "Sudan: Staff Report for the 2000 Article IV Consultation and Fourth Review of the First Annual Program Under the Medium-Term Staff-Monitored Program," IMF Staff Country Reports 2000/070, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2000/070
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=3573
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    Cited by:

    1. Dutton, Edward & Bakhiet, Salaheldin Farah & Ziada, Khaled Elsayed & Essa, Yossry Ahmed Sayed & Blahmar, Tahani Abdulrahman Muhammed, 2017. "A Negative Flynn Effect in Khartoum, the Sudanese capital," Intelligence, Elsevier, vol. 63(C), pages 51-55.

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