VOL. XLV

No 50

16-December-2002

SUDAN

IMF Welcomes Sudans Introduction Of Mechanism To Save Oil Revenue

The International Monetary Fund (IMF) has welcomed Sudans introduction of a program which, among other changes, includes a mechanism to save oil revenue, in a report (No. 02/245) entitled Sudan: Final Review under the Medium-term Staff Monitored Program and the 2002 Program - Staff Report and Staff Supplement. Through its focus on oil revenue use, a more flexible exchange rate mechanism and...