Determinants of Sudan Balance of Payments

This book investigates determinants of Sudan balance of payments. The book elaborates the problem regarding the impact of foreign debt on the balance of payments. The paper built on the fundamental assumption that the foreign debt linked to a positive relationship with the balance of payments. The main results indicate that there is a direct correlation between the balance of payments foreign debt and an inverse relationship between the balance of payments and all of the inflation, gross domestic product and exchange rate during the forementioned period. The book recommends that Sudan should not totally dependes on foreign aid in solving its economic problems which entails to transfer big amount of the national product to meet the commitments towards those foreign countries, and economic policies are functioning to reduce the ratio of foreign debit to reduction inflation and bring stability in exchange rate which leads to improving the balance of payments to be adopted by Sudan.