Sudan: Request for a 39-Month Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Sudan

June 30, 2021

Preview Citation

Format: Chicago

Sudan: Request for a 39-Month Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Sudan, (USA: International Monetary Fund, 2021) accessed November 15, 2024

Summary

Since the 2019 popular revolution, Sudan’s transitional government has taken difficult steps to right decades of economic mismanagement. The challenges facing the authorities remain significant, but they have fulfilled the necessary conditions to reach the HIPC Decision Point (DP). This is an historic achievement and Sudan is set to clear its arrears and normalize relations with the IMF and other international financial institutions. This will unlock Sudan’s access to new financial resources to fund much needed development and social spending.

Subject: Exchange rates, External debt, Foreign exchange, International organization, Monetary policy, Public debt, Public financial management (PFM), Revenue administration

Keywords: Authorities' ECF, ECF arrangement, Exchange rates, Global, Government securities market, HIPC completion point, HIPC decision point, Policy commitment, Sudan family support program

Publication Details

Pages:

75
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2021/142
Stock No:

1SDNEA2021003
ISBN:

9781513586335
ISSN:

1934-7685

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