Sudan : Recent Economic Developments.

This paper reviews economic developments in Sudan during 1990-94. In 1993 and 1994, the authorities decided to redress the economic imbalances by adopting a more comprehensive approach aimed at substantially lowering the rate of inflation through tighter fiscal and monetary restraint along with a mo...

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Detalhes bibliográficos
Autor Corporativo: International Monetary Fund
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1995.
Colecção:IMF Staff Country Reports; Country Report ; No. 1995/012
Acesso em linha:Full text available on IMF
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520 3 |a This paper reviews economic developments in Sudan during 1990-94. In 1993 and 1994, the authorities decided to redress the economic imbalances by adopting a more comprehensive approach aimed at substantially lowering the rate of inflation through tighter fiscal and monetary restraint along with a more flexible exchange rate policy. Government expenditure was contained more tightly, particularly through cuts in investment outlays: the primary deficit and government recourse to domestic bank financing fell significantly in 1993/94. However, the fiscal and monetary policies put in place failed to lower inflation below 100 percent in 1992/93 and 1993/94. 
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