Sudan: Selected Issues

November 1, 2013

Preview Citation

Format: Chicago

Sudan: Selected Issues, (USA: International Monetary Fund, 2013) accessed December 22, 2024

Summary

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.

Subject: Commodities, Exchange rates, External debt, Foreign exchange, Gold, Inflation, Prices

Keywords: Accommodative monetary policy stance, Africa, Cash flow, CR, Exchange rate, Exchange rates, Global, Gold, Government, IMF staff calculation, Inflation, ISCR, Resource rent tax, Sudan, Tax, Tax regime, Undiversified export market

Publication Details

Pages:

40
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/320
Stock No:

1SDNEA2013004
ISBN:

9781484305430
ISSN:

1934-7685

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