Stay updated with breaking news from Staff Monitored Program. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Progress on the Staff-Monitored Program (SMP) reform agenda has been satisfactory despite difficult socio-economic conditions compounded by the COVID-19 pandemic; Ensuring revenue mobilization and expenditure
Progress on the Staff-Monitored Program (SMP) reform agenda has been satisfactory despite difficult socio-economic conditions compounded by the COVID-19 pandemic; Ensuring revenue mobilization and expenditure containment, including in the wage bill, will help to create room for spending on critical social and pro-growth areas, and to buttress debt sustainability; Strict control on budgetary execution,… Read…
.jpg)
Upon South Sudan’s independence in 2011, many hoped the country’s oil wealth would help build the state and lift citizens out of poverty. Instead, politicians have shunted these revenues toward patronage and personal enrichment, feeding internal conflict. Transparency and accountability are badly needed.
May 12, 2021 (KHARTOUM) - The African Development Bank (AfDB) announced today that the process to clear Sudan's arrears has been officially completed. "The clearance of Sudan's arrears was made possible with the support of the United Kingdom government through bridge financing of GBP148 million to clear Sudan's arrears to the African Development Fund. Sweden provided grant financing of about $4.2 million to meet Sudan's burden-share for the...
Date Time IMF Staff Completes Mission for a Staff-Monitored Program to Guinea Bissau End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. This mission will not result in a Board discussion. The Staff-Monitored Program (SMP) will support the implementation of the authorities’ reform package which focuses on stabilizing the economy, managing the needs stemming from the COVID-19 p...