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008 180614 ||| eng
020 |a 9781484331705 
245 0 0 |a Sudan  |b Selected Issues 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2017 
300 |a 23 pages 
651 4 |a Sudan 
653 |a Depository Institutions 
653 |a Energy: Demand and Supply 
653 |a Income 
653 |a Banks 
653 |a Banks and banking 
653 |a Personal income 
653 |a Financial services 
653 |a Micro Finance Institutions 
653 |a Energy subsidies 
653 |a Crime 
653 |a Trade: General 
653 |a Exports and Imports 
653 |a Mortgages 
653 |a International Lending and Debt Problems 
653 |a International economics 
653 |a Personal Income, Wealth, and Their Distributions 
653 |a National accounts 
653 |a National income 
653 |a Illegal Behavior and the Enforcement of Law 
653 |a Expenditure 
653 |a Criminology 
653 |a Money laundering 
653 |a Banks and Banking 
653 |a Correspondent banks 
653 |a Correspondent banking 
653 |a White-collar crime 
653 |a Expenditures, Public 
653 |a Prices 
653 |a Macroeconomics 
653 |a Anti-money laundering and combating the financing of terrorism (AML/CFT) 
653 |a Banking 
653 |a Public Finance 
653 |a Energy industries & utilities 
653 |a Corporate crime 
710 2 |a International Monetary Fund  |b Middle East and Central Asia Dept 
041 0 7 |a eng  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a IMF Staff Country Reports 
028 5 0 |a 10.5089/9781484331705.002 
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 
082 0 |a 330 
520 |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