Sudan : Midyear Review of the 2004 Staff-Monitored Program.

This paper presents the midyear review of the 2004 Staff-Monitored Program (SMP) for Sudan. Policy performance in the first half of 2004 was broadly in line with the program. All quantitative benchmarks and most structural benchmarks were met. Real GDP growth has been stronger than anticipated under...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2005.
Series:IMF Staff Country Reports; Country Report ; No. 2005/184
Online Access:Full text available on IMF
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520 3 |a This paper presents the midyear review of the 2004 Staff-Monitored Program (SMP) for Sudan. Policy performance in the first half of 2004 was broadly in line with the program. All quantitative benchmarks and most structural benchmarks were met. Real GDP growth has been stronger than anticipated under the program, but inflation pressures are rising. The current account deficit (cash basis) was 1 1\2 percent of GDP, better than programmed, owing to a broad-based rise in exports and high private transfers. 
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