The Minister of Finance and National Economy Badr-Eddin Mahmoud Abbas has affirmed that the economic policies recently implemented realized positive outcomes in revenue increases and spending categorization. He added that the budget deficit was less than expected.
This took place during his meeting with the Mission of the International Monetary Fund (IMF) on the assessment of the Sudan economy led by Edward Jamil, in the presence of the State Minister at the Ministry of Finance, the Deputy Governor of the Central Bank of Sudan (CBOS) Al-Gaili Ahmed Al-Bashir and other officials.
The minister explained that the meeting touched on the performance of Sudan economy, pointing out that the monetary indicators reflected improvement in the monetary performance.
Abbas stressed importance of inflation control and exchange rate stability, revealing that the economic reform programme will be evaluated at the end of the third quarter in next November in coincidence with the setting of the budget proposals for 2015 within the Five-Year Economic Programme.