[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-109920-en":3,"doc-seo-109920-105":31,"detail-sidebar-cat-0-en-105":92},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":28,"seo_description":14,"update_tm":29,"read_time":30},109920,1374391974564,"Clementine","https://ap-avatar.wpscdn.com/avatar/14000253aa45c000a9e?x-image-process=image/resize,m_fixed,w_180,h_180&k=1779874745381141002",8,"Research & Report","Sudan - Joint World Bank-IMF Debt Sustainability Analysis","Joint World Bank-IMF Debt Sustainability Analysis examines Sudan’s sovereign and external debt outlook and confirms continued debt distress. It finds that public and external debt ratios remain elevated, with the bulk of external obligations falling into arrears. Under the baseline scenario, all key external debt indicators breach indicative thresholds, while debt solvency indicators remain above thresholds over the forecast horizon. Achieving debt sustainability requires policy reforms, sound macroeconomic management, and improved implementation to address barriers on the path to HIPC debt relief.","Public Disclosure Authorized Public Disclosure Authorized  \nINTERNATIONAL DEVELOPMENT ASSOCIATION  \nINTERNATIONAL MONETARY FUND  \nSUDAN  \nJoint World Bank-IMF Debt Sustainability Analysis  \nSeptember 2020  \nPrepared Jointly by the staffs ofthe International Development Association (IDA)  \nand the International Monetary Fund (IMF) Approved by Marcello Estevão (IDA), Subir Lall and Gavin Gray (IMF)  \n\n| Sudan: Joint Bank-Fund Debt Sustainability Analysis |  |\n| --- | --- |\n| Risk of external debt distress | In debt distress |\n| Overall risk of debt distress | In debt distress |\n| Granularity in the risk rating | Debt is unsustainable |\n| Application of judgment | No |\n\nThis debt sustainability analysis (DSA) confirms that Sudan continues to be in debt distress. 1 Both public and external debt ratios remain high, and the bulk of external debt is in arrears. Consistent with the results of past DSAs, Sudan’s external debt is assessed to be unsustainable. All external debt indicators breach their indicative thresholds under the baseline scenario and debt solvency indicators stay above the thresholds throughout the time horizon of the analysis. Restoring debt sustainability will require Sudan to implement needed reforms, undertake sound economic policies, and build a strong track record of policy implementation to remove obstacles as the country moves towards HIPC debt relief.  \n1 This DSA was prepared jointly by IMF and World Bank staff under the joint Fund-Bank Low-Income Country (LIC) Debt Sustainability Framework (DSF) . Sudan’s fiscal year runs from January 1 to December 31.  \nBACKGROUND AND RECENT DEVELOPMENTS  \n Sudan’s economy has never fully adjusted to the secession of South Sudan in 2011, which resulted in a sharp decline in its oil exports and fiscal revenues. Sudan lost about 75 percent of oil production, 66 percent of exports, and half of fiscal revenues after the secession.2 Despite the U.S. revocation of commercial sanctions in October 2017, Sudan remains on the U.S. list of state sponsors of terrorism,(SSTL), which hinders external investment, and presents challenges for progress toward the clearance of large arrears, including to the Fund, World Bank and AfDB, and toward HIPC debt relief.3 The economy is shrinking, fiscal and external imbalances are large, inflation is high, the currency is overvalued, and competitiveness is weak. The humanitarian situation is dire with large numbers of internally displaced people and refugees. The new civilian-led government have undertaken efforts to reform and stabilize the shrinking economy and re-engage Sudan with the international community, but the social situation remains fragile.  \n Economic performance deteriorated in 2019. The economy contracted by 2.5 percent in 2019 after contracting by 2.3 percent in 2018. Inflation rose significantly after currency devaluation and reached 73 percent in end-2018. Following a reduction in January 2019 due to base effects, inflation continued to rise to 57 percent in December 2019 reflecting loose fiscal and monetary policies, as well as exchange rate depreciation. The fiscal deficit continued widening in 2019 to 10.8 percent of GDP, mainly financed through monetization.4 The current account deficit (cash basis) widened mainly due to rising imports and currency depreciation to 10.9 percent of GDP in 2019. Gross usable reserves remained very low in 2019, coming in at $190 million.  \n Prospects for debt relief. Debt relief prospects are predicated on obtaining assurances of support from key creditors, normalizing relations with international financial institutions, and establishing a track record of cooperation with the IMF and the World Bank on policies. Outreach to the donors’ community to raise the needed funds has intensified as has the dialogue with creditors to garner support for debt relief.  \nSTRUCTURE OF DEBT  \n Sudan’s debt data quality and coverage remain limited.5 Historical debt data were provided by the Sudanese authorities, ","cbCais2eaakw71Du","https://ap.wps.com/l/cbCais2eaakw71Du","pdf",409998,4,1,16,"English","en",105,"# Background and recent developments\n## Economic performance and macroeconomic conditions\n## Prospects for debt relief\n# Structure of debt\n## Debt data quality and coverage\n## External debt reporting and estimation","[{\"question\":\"What is the overall conclusion about Sudan’s debt situation?\",\"answer\":\"The analysis confirms that Sudan continues to be in debt distress, with both public and external debt ratios remaining high.\"},{\"question\":\"How do debt indicators perform under the baseline scenario?\",\"answer\":\"All external debt indicators breach their indicative thresholds under the baseline scenario, indicating unsustainability of external debt.\"},{\"question\":\"What conditions are needed to restore debt sustainability and move toward HIPC relief?\",\"answer\":\"Restoration requires needed reforms, sound economic policies, and a strong track record of policy implementation, alongside progress in securing support from key creditors and normalizing relations with international financial institutions.\"}]","Sudan - Joint World Bank-IMF Debt Sustainability Analysis | PDF",1784483038,40,{"code":4,"msg":32,"data":33},"ok",{"site_id":25,"language":24,"slug":34,"title":13,"keywords":35,"description":14,"schema_data":36,"social_meta":87,"head_meta":89,"extra_data":91,"updated_unix":29},"sudan-joint-world-bank-imf-debt-sustainability-analysis","",{"@graph":37,"@context":86},[38,54,69],{"@type":39,"itemListElement":40},"BreadcrumbList",[41,45,49,52],{"item":42,"name":43,"@type":44,"position":21},"https://docshare.wps.com","Home","ListItem",{"item":46,"name":47,"@type":44,"position":48},"https://docshare.wps.com/document/","Document",2,{"item":50,"name":12,"@type":44,"position":51},"https://docshare.wps.com/document/research-report/",3,{"item":53,"name":13,"@type":44,"position":20},"https://docshare.wps.com/document/sudan-joint-world-bank-imf-debt-sustainability-analysis/109920/",{"url":53,"name":13,"@type":55,"author":56,"headline":13,"publisher":58,"fileFormat":61,"inLanguage":24,"description":14,"dateModified":62,"datePublished":63,"encodingFormat":61,"isAccessibleForFree":64,"interactionStatistic":65},"DigitalDocument",{"name":9,"@type":57},"Person",{"url":42,"name":59,"@type":60},"DocShare","Organization","application/pdf","2026-08-03","2026-07-19",true,{"@type":66,"interactionType":67,"userInteractionCount":20},"InteractionCounter",{"@type":68},"ViewAction",{"@type":70,"mainEntity":71},"FAQPage",[72,78,82],{"name":73,"@type":74,"acceptedAnswer":75},"What is the overall conclusion about Sudan’s debt situation?","Question",{"text":76,"@type":77},"The analysis confirms that Sudan continues to be in debt distress, with both public and external debt ratios remaining high.","Answer",{"name":79,"@type":74,"acceptedAnswer":80},"How do debt indicators perform under the baseline scenario?",{"text":81,"@type":77},"All external debt indicators breach their indicative thresholds under the baseline scenario, indicating unsustainability of external debt.",{"name":83,"@type":74,"acceptedAnswer":84},"What conditions are needed to restore debt sustainability and move toward HIPC relief?",{"text":85,"@type":77},"Restoration requires needed reforms, sound economic policies, and a strong track record of policy implementation, alongside progress in securing support from key creditors and normalizing relations with international financial institutions.","https://schema.org",{"og:url":53,"og:type":88,"og:title":13,"og:site_name":59,"og:description":14},"article",{"robots":90,"canonical":53},"index,follow",{"doc_id":7,"site_id":25},{"code":4,"msg":5,"data":93},[94,98,102,106,111,116,120,123,128,131,135],{"id":21,"doc_module":4,"doc_module_name":47,"category_name":95,"show_sort_weight":96,"slug":97},"Story & Novel",90,"story-novel",{"id":48,"doc_module":4,"doc_module_name":47,"category_name":99,"show_sort_weight":100,"slug":101},"Literature",80,"literature",{"id":20,"doc_module":4,"doc_module_name":47,"category_name":103,"show_sort_weight":104,"slug":105},"Exam",70,"exam",{"id":107,"doc_module":4,"doc_module_name":47,"category_name":108,"show_sort_weight":109,"slug":110},5,"Comic",60,"comic",{"id":112,"doc_module":4,"doc_module_name":47,"category_name":113,"show_sort_weight":114,"slug":115},6,"Technology",50,"technology",{"id":117,"doc_module":4,"doc_module_name":47,"category_name":118,"show_sort_weight":30,"slug":119},7,"Healthcare","healthcare",{"id":11,"doc_module":4,"doc_module_name":47,"category_name":12,"show_sort_weight":121,"slug":122},30,"research-report",{"id":124,"doc_module":4,"doc_module_name":47,"category_name":125,"show_sort_weight":126,"slug":127},9,"Religion & Spirituality",20,"religion-spirituality",{"id":126,"doc_module":4,"doc_module_name":47,"category_name":129,"show_sort_weight":126,"slug":130},"World Cup","world-cup",{"id":132,"doc_module":4,"doc_module_name":47,"category_name":133,"show_sort_weight":132,"slug":134},10,"Lifestyle","lifestyle",{"id":136,"doc_module":4,"doc_module_name":47,"category_name":137,"show_sort_weight":107,"slug":138},19,"General","general"]