Sudan: Selected Issues

Sudan: Selected Issues
ISBN-10
1484305434
ISBN-13
9781484305430
Series
Sudan
Category
Business & Economics
Pages
40
Language
English
Published
2013-11-01
Publisher
International Monetary Fund
Author
International Monetary Fund. Middle East and Central Asia Dept.

Description

This Selected Issues paper examines the monetary policy framework in Sudan, and assesses the effectiveness of monetary transmission mechanism since the secession of South Sudan. The econometric analysis concludes that reserve money, the exchange rate, and private sector credit are the main determinants of inflation after the secession of South Sudan and that the transmission lags have been shortened significantly compared with previous studies. These findings reinforce the need for a comprehensive package of fiscal and monetary measures that strengthens the monetary policy framework and improves its effectiveness.

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