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IMF Management Completes First Review of Staff-Monitored Program

March 08, 2021

IMF Management Completes First Review of Staff-Monitored Program

  • The IMF Managing Director approved the first review of Sudan’s Staff-Monitored Program (SMP), which supports the government’s home-grown program of reforms aimed at stabilizing the economy, strengthening social protection, boosting the private sector, and strengthening governance.
  • The Sudanese authorities have made tangible progress toward establishing a strong track record of policy and reform implementation—a key requirement for eventual debt relief.
  • It will be important to make sustained progress under the SMP over the coming months, and for donors to provide Sudan with sufficient support through its transition.

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