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Sudan: Selected Issues

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  • International Monetary Fund

Abstract

This Selected Issues paper examines the monetary policy framework in Sudan, and assesses the effectiveness of monetary transmission mechanism since the secession of South Sudan. The econometric analysis concludes that reserve money, the exchange rate, and private sector credit are the main determinants of inflation after the secession of South Sudan and that the transmission lags have been shortened significantly compared with previous studies. These findings reinforce the need for a comprehensive package of fiscal and monetary measures that strengthens the monetary policy framework and improves its effectiveness.

Suggested Citation

  • International Monetary Fund, 2013. "Sudan: Selected Issues," IMF Staff Country Reports 2013/320, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2013/320
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=41027
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    1. Mr. Romain Ranciere & Mr. Olivier D Jeanne, 2006. "The Optimal Level of International Reserves for Emerging Market Countries: Formulas and Applications," IMF Working Papers 2006/229, International Monetary Fund.
    2. Mr. Mark W Lewis & Ms. Aurelie Martin & Gabriel Di Bella, 2007. "Assessing Competitiveness and Real Exchange Rate Misalignment in Low-Income Countries," IMF Working Papers 2007/201, International Monetary Fund.
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    Cited by:

    1. Grethe, H. & Siddig, K. & Stepanyan, D. & Zhu, T. & Wiebelt, M., 2018. "Beyond mean rainfall and temperature changes: distributional effects of stochastic yield variability in the Sudan," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 275903, International Association of Agricultural Economists.
    2. Hoda Selim & Chahir Zaki, 2014. "The Institutional Curse of Natural Resources in the Arab World," Working Papers 890, Economic Research Forum, revised Dec 2014.
    3. Siddig, Khalid & Stepanyan, Davit & Wiebelt, Manfred & Grethe, Harald & Zhu, Tingju, 2020. "Climate change and agriculture in the Sudan: Impact pathways beyond changes in mean rainfall and temperature," Ecological Economics, Elsevier, vol. 169(C).

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