(093) Sudan Budget 2020, Dr. Eltigani Eltayeb

Dr. Eltigani Eltayeb
Economic and financial adviser to a number of financial organisations and development institutions, Khartoum
Sudan

DOI: 10.47556/J.IJSR.10.1.2020.3

Abstract: Sudan's economic movement has been driven by domestic consumption, particularly public sector consumption, even after the resounding fall of the bailout system. Despite the failed 2019 start-up in April, the high unemployment rate estimated at about (Ministry of Finance: Economic Supply Report 32%). Consumption for both 2017 and 2017 continued to rely on remittances from Sudanese diaspora, spending on public sector wages, maintaining public security, and supporting goods. Meanwhile, the external sector has remained limited in economic activity due to weak export competitiveness as a result of the use of an unrealistic export exchange rate and declining production in real sectors such as agriculture and industry. And although total consumption will continue to be the main driver of economic movement, there are several negative risks hanging over the expected economic outlook. There has been no significant improvement until now in job creation, especially for young people (1 million of whom are unemployed) and living standards threatens to increase the pace of political and social change, and the setbacks to the process of political transformation and the implementation of the required economic and political reforms could hinder any possible economic recovery in this environment.

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