Sudan: Final Review Under the 2002 Staff-Monitored Program and the 2003 Program Sudan; Final Review Under the 2002 Staff-Monitored Program and the 2003 Program

Executive Directors commended Sudan's efforts to bring economic policies back on track and welcomed the establishment of a mechanism to save oil export receipts arising from higher-than-programmed oil prices, but underscored the need to strengthen budget control and monitoring systems. The audi...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2003
Series:IMF Staff Country Reports
Subjects:
Oil
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Executive Directors commended Sudan's efforts to bring economic policies back on track and welcomed the establishment of a mechanism to save oil export receipts arising from higher-than-programmed oil prices, but underscored the need to strengthen budget control and monitoring systems. The audit of the Sudan Petroleum Company (SPC) was completed, and netting operations by public enterprises and the private sector were abolished. The authorities' medium-term strategy aims at consolidating macroeconomic stability, sustaining economic growth, and reducing poverty
Physical Description:61 pages
ISBN:9781451833713