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180614 ||| eng |
020 |
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|a 9781484331705
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245 |
0 |
0 |
|a Sudan
|b Selected Issues
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260 |
|
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|a Washington, D.C.
|b International Monetary Fund
|c 2017
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300 |
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|a 23 pages
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651 |
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4 |
|a Sudan
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653 |
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|a Depository Institutions
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653 |
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|a Energy: Demand and Supply
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653 |
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|a Income
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653 |
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|a Banks
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653 |
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|a Banks and banking
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653 |
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|a Personal income
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653 |
|
|
|a Financial services
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653 |
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|
|a Micro Finance Institutions
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653 |
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|a Energy subsidies
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653 |
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|
|a Crime
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653 |
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|a Trade: General
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653 |
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|a Exports and Imports
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653 |
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|a Mortgages
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653 |
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|a International Lending and Debt Problems
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653 |
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|a International economics
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653 |
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|
|a Personal Income, Wealth, and Their Distributions
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653 |
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|a National accounts
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653 |
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|a National income
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653 |
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|a Illegal Behavior and the Enforcement of Law
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653 |
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|a Expenditure
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653 |
|
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|a Criminology
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653 |
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|a Money laundering
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653 |
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|a Banks and Banking
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653 |
|
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|a Correspondent banks
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653 |
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|a Correspondent banking
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653 |
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|a White-collar crime
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653 |
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|a Expenditures, Public
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653 |
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|a Prices
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653 |
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|a Macroeconomics
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653 |
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|a Anti-money laundering and combating the financing of terrorism (AML/CFT)
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653 |
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|a Banking
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653 |
|
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|a Public Finance
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653 |
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|a Energy industries & utilities
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653 |
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|a Corporate crime
|
710 |
2 |
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|a International Monetary Fund
|b Middle East and Central Asia Dept
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041 |
0 |
7 |
|a eng
|2 ISO 639-2
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989 |
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|b IMF
|a International Monetary Fund
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490 |
0 |
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|a IMF Staff Country Reports
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028 |
5 |
0 |
|a 10.5089/9781484331705.002
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856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/002/2017/365/002.2017.issue-365-en.xml?cid=45457-com-dsp-marc
|x Verlag
|3 Volltext
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082 |
0 |
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|a 330
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520 |
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|a This paper explains that in Sudan, the public information campaign should be launched as early as possible following a decision to phase out subsidies. This campaign should comprise wide-ranging consultations with all stakeholders, and should inform the public about the high costs and unequal distribution of the subsidy benefits. Cash transfers could be used to mitigate the impact of fuel subsidy removal on the lowest income groups. In the case of the removal of subsidies on fuel products, it is estimated that the cost of compensating the lowest income groups could be achieved at a cost of less than 1 percent of GDP a year. Two decades of economic sanctions led to the exit of most Correspondent Banking Relationships (CBRs) from Sudan, and weighed heavily on trade, investment, growth, and humanitarian relief. In 2017, the United States revoked trade and financial sanctions, while sanctions imposed by the UN, and other countries, including the EU, remain applicable
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