[PDF] The Agricultural Bank Of Sudan eBook

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 87 pages
File Size : 37,27 MB
Release : 2002-11-05
Category : Business & Economics
ISBN : 1451833709

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This paper examines Sudan’s Final Review Under the Medium-Term Staff-Monitored Program (SMP) and the 2002 Program. Sudan has made substantial progress over the past five years of SMPs in achieving macroeconomic stability and advancing structural reforms. The program for 2002 represents a strong and credible effort to bring economic policies back on track, reinforce macroeconomic stability, and meet the challenges of weak external environment. The introduction of mechanisms for greater exchange rate flexibility and for saving oil revenues is particularly welcome.

Author : Resnick, Danielle
Publisher : Intl Food Policy Res Inst
Page : 28 pages
File Size : 26,41 MB
Release : 2021-10-27
Category : Political Science
ISBN :

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Wheat flour and bread have played a central role in Sudan’s political economy throughout the country’s post-independence history. In 2019, increasing bread prices precipitated the protests that ousted the government of Omar al-Bashir. How has Sudan’s recent political transition and economic circumstances impacted distortions within the wheat value chain? What are the policy preferences of relevant stakeholders for improving the affordability of wheat products and the productivity of domestic wheat farmers? This paper addresses these questions by drawing on key informant interviews in Sudan and utilizing a political settlements approach, which captures the underlying distribution of power among elites and citizens. The post-revolution political settlement contains a much broader distribution of power shared between a civilian alliance movement and the military, each of which has distinct interests in the wheat value chain. The paper elucidates the preferences of different stakeholders to address policy distortions and discusses bottlenecks that need to be overcome for those options to be feasible. In doing so, the analysis reveals that, while the policy of subsidizing bread remains contentious, there are broader coalitions for interventions related to regulatory and monitoring reforms, improvements in domestic wheat procurement, enhanced agricultural investments, and targeted cash transfers to cushion subsidy reductions.