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The Finance & Its Impact on Economic Development in SUDAN Assessment Study: (2011-2018)

DOI : https://doi.org/10.36349/easjebm.2020.v03i11.001
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Abstract: This Preliminary Development Finance Assessment (DFA) comes at a key moment for Sudan as we look towards the 2030 Agenda by aiming to achieve the ambitious Sustainable Development Goals. To translate this vision into action requires concrete and comprehensive strategies, including in relation to the mobilization and use of finance. This preliminary DFA provides evidence and analysis towards articulating the finance sources for Sudan and looks generally at how the country can make better use of existing finance, while not losing sight of the need to identify new avenues of mobilizing additional resources. The Addis Ababa Action Agenda, which emerged from the third International Conference on Financing for Development 2015 emphasized the need for countries to take a more integrated approach to managing all types of finance, by improving integration across government, as well as between government and other stakeholders. The preliminary DFA for Sudan makes preliminary observations towards this end. And the committed to implement policy frameworks that will contribute to increased mobilization of public resources and unlock the potential of the private sector and the civil society to finance development, in collaboration with our development partners. We are also committed to review our institutional arrangements for more integrated use of resources. Efforts will be complemented by up-scaled and more effective international assistance to overcome the structural challenges we face. While the preliminary DFA recommendations outline an ambitious agenda, to look forward to collaborating with our partners on further articulating these observations. As we look ahead to the challenges of mobilizing and managing a range of different types of finance in pursuance of the country’s development priorities, this type of intra-governmental collaboration will be critical, especially as Sudan looks towards the achievement of the SDGs. Finally, I am hopeful that the Government

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Lecturer, Dept. of Pharmacology and Therapeutics, Shaheed Monsur Ali Medical College & Hospital, Uttara, Dhaka-1230, Bangladesh

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