Description:
Sudan is in the 10th year of its longest
and strongest growth episode since independence, benefiting
from the advent of oil in 1999. This report proposes a
growth strategy for Sudan that reduces its dependence on
oil, while building an economic foundation for a
diversified, inclusive and sustainable growth path.
Specifically, Sudan's near term strategy should focus
on: a) developing and maintaining the necessary enabling
environment for growth, specifically macroeconomic stability
and effective fiscal management (chapter one); b)
implementing policies aimed at improving the investment
climate and broadening private sector-led growth (chapters
two and five); c) increasing returns to the agriculture
sector as the highest potential engine of growth and poverty
reduction over the medium-term (chapter four); d) developing
a comprehensive reconstruction plan for the South (chapter
six); and e) complementing technocratic reforms with good
governance. Sudan needs a new, more balanced growth vision
that is less reliant on oil, while using the oil wealth to
create an economic foundation for a diversified, inclusive,
and sustainable growth path.