Sudan State-Level Public Expenditure Review : Meeting the Challenges of Poverty Reduction and Basic Service Delivery, Synthesis Report
Sudan has the potential to become a dynamic economy and a bread basket for the Arab world and East-Central Africa. However, resource endowment is not sufficient to bring about sustainable growth and prosperity. Sudans macroeconomic conditions remai...
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| Format: | Report |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2015/11/19759559/sudan-state-level-public-expenditure-review-meeting-challenges-poverty-reduction-basic-service-delivery-synthesis-report-summary-policymakers http://hdl.handle.net/10986/23505 |
| Summary: | Sudan has the potential to become a
dynamic economy and a bread basket for the Arab world and
East-Central Africa. However, resource endowment is not
sufficient to bring about sustainable growth and prosperity.
Sudans macroeconomic conditions remain weak since the
secession of South Sudan in 2011, despite some improvements.
The repercussions of the secession of South Sudan present
enormous challenges for Sudan with respect to managing the
macro-fiscal adjustment and promoting a structural
re-orientation of the economy. The signing in March 2013 of
the implementation matrix of the agreement between Sudan and
South Sudan provides some fresh financial relief to Sudan
and creates a great opportunity for further policy reforms
to address the post-secession challenges. Sudans growth
strategy should involve policies aimed at improving the
investment climate and broadening private sector-led growth,
and diversifying the economy toward non-oil sectors such as
agriculture, industry, export, and local trade. |
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