Sudan: Second Review Under the Staff-Monitored Program and Request for Extension-Staff Report; and Statement by the Executive Director for Sudan

The transitional government embarked on a Staff-Monitored Program (SMP) in 2020 to help address major macroeconomic imbalances caused by decades of mismanagement, lay the groundwork for inclusive growth, and establish track record sound policies required eventual HIPC debt relief. economic challenges facing authorities remain significant have been exacerbated COVID-19 pandemic, but there improvements both domestic external environment. Sudan has cleared its arrears World Bank African Development thereby regaining access multilateral grant funding. A financing package clearance IMF identified, May 17, 2021 development partner conference was held Paris with side event promote investment Sudan.