Central Bank of Sudan

Central Bank of Sudan SUDAN
Sub-region
Governor's photo
Mr. Buraie Siddig Ali Ahmed
Acting Governor?
Off
Governor's Name
Mr. Buraie Siddig Ali Ahmed
Headquarters
Karthoum, Soudan
Currency
Livre soudanaise - SDG
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Brief presentation of the country

Brief presentation of the country radmin
Capital Khartoum
   
Population  
Total 39,148,162 July 2004 est.
Population Growth Rate 2. est.)
   
Land Area  
Total 2,505,810 sq km
Land 2,376,000 sq km
Water 129,810 sq km
   
Geographic Coordinate 15 00 N, 30 00 E
   
Independance 1st of January 1956
   
Gross Domestic Product  
Total at current prices (2006) 7548147.3 SDD Millions
Growth rate (2006), constant 1981/82 prices 9.3%
Inflation; annual average, 2005 8.4%
Currency (Since 01 July 2007 Sudanese Pound (SDG) = 100 Sudanes Dinar (SDD)
   
Exchange rate  
SDG per US$; end of December, 2007 2.0526
SDG per US$; (annual average), 2007 2.0157

Major Economic Indicators

Major Economic Indicators radmin

Statistics

Statistics radmin

The Bank of Sudan disseminates statistical data through the official documents and website to the public simultaneously through:

The Sudanese pound

The Sudanese pound radmin

Data : not available

Economic and Financial Statistics Review

Economic and Financial Statistics Review radmin

The Economic and Financial Statistics Review is a quarterly issue contains statistical data of External and Monetary Sectors in Sudan.

The External Sector contains: BOPs Statistics, Drawings and Repayments of Loans, Invisible Transactions, Position of Public Sector Loans, Central Bank of Egypt - Trade & Payments Agreement , Outstanding Balance of Official Bilateral Accounts, Summary of Foreign Trade [Exports and Imports],Sudan’s Direction of Exports and Imports, Exchange rates, and Exchange Dealing Room transactions

The Monetary Sector contains: Consolidated Balance Sheet of Commercial Bank (Assets and Liabilities), Analysis of Deposits by Term and Sector, Banks’ Advances in Local and Foreign Currencies, Flow of Finance in Local Currency by Sectors and by Modes,Cost of Finance According to Murabaha and Musharaka Modes, Currency in Circulation, Khartoum Banks’ Clearing House local and foreign, Assets and Liabilities of Bank of Sudan, Money Supply and Factors Affecting Money Supply, Monetary Base,Central Bank and Government Musharaka Certificates, Consumer Price Index and Inflation Rates, Khartoum Stock Exchange (Primary and Secondary Markets).

Foreign Trade Statistical Digest

Foreign Trade Statistical Digest radmin

Foreign Trade Statistical Digest is a quarterly issue contains statistical data of Sudan Exports and Imports

Exports section contains:Summary Of Exports By Commodity, Exports By Commodity (Monthly and Quarterly), Exports By Country (Monthly)and Exports By Country & Commodity

Imports section contains: Summary Of Imports By Commodity, Imports By Commodity (Monthly and Quarterly), Imports By Country (Monthly), Imports By Country & Commodity, Government’s Imports By Commodity (Monthly); and Government’s Imports By Country (Monthly)

Indicators of Convergence (1997-2004)

Indicators of Convergence (1997-2004) radmin

THE PERFORMANCE OF THE SUDANESE ECONOMY FOR THE PERIOD 1997- DECEMBER 2004 UNDER THE MONETARY HARMONIZATION PROGRAM (M.H.P.)‏

The Sudanese Economy performed relatively high during the period 1997-Dec. 2004 with an average real GDP growth of 6.5%. This is mainly due to the increase in the contribution of Agricultural & Services Sectors to the GDP, by 44.5% and 30.2% respectively by the end of the year 2004. The attached major financial & economic indicators for the period under consideration reflect the positive progress of the economy.

1- Exchange Rate Policy: - The policy adopted resulted in a full unification of the exchange rate. Now banks and exchange bureaus are allowed to transact freely & determine the buying and selling rates according to the market forces. Furthermore, from mid 1999, the exchange rate of Sudanese Dinar is stable around SDD 257 per dollar. Also there are no restrictions on holdings of foreign currencies except on processing the rendered data for statistical purposes.

2- Growth Rate Of Broad Money: - Broad money grew by 37%, 29%, 24.6%, 32.9%, 26%, 30.3%, 30.3% and 30.8% for the years1997, 1998, 1999, 2000, 2001, 2002, 2003 and 2004 respectively. This was mainly attributed to the rigorously monitored monetary & fiscal policies implemented during this period. On the other hand, monetary policy instruments used were as follows: - a- Statutory Reserve Requirements. b- Profit Margins for Murabaha Finance. c- Central Bank Musharaka certificates (CMCs) d- Government Musharaka Certificates (GMCs)).

3- Inflation Rate: - Inflation rate declined to 8.5% on average for Dec. 2004 compared to 12.6% on average for Sept. 2004. Therefore, monetary and fiscal policies will be directed to contain the increase and reduce it to the normal leve

Real Sector

Real Sector radmin

This section contains:

  • The Gross Domestic Product (GDP): is the sum of the market value of all the final goods and services produced recently in the country within a specific period of time (usually one year). There are many methods for computing the gross domestic product and the method used hers is the value-added method, i.e. adding the values of the final products (goods and services) at the current prices and deducting the values of intermediate goods and services included in the production process.
  • The Inflation rates: The annual average and end of year inflation rates measured by the consumer price index (CPI).

Public Finance

Public Finance radmin

This section includes government revenues, current government expenditure and development expenditure

Money and Credit

Money and Credit radmin

External Sector

External Sector radmin

Banking System

Banking System radmin