Monetary Policies Fuel Inflation in Sudan, Urgent Need for Change
The article explores how monetary and fiscal policies affect inflation in Sudan from 1970 to 2014. The researchers looked at factors like money supply, GDP, budget deficit, and government spending. They found that money supply, budget deficit, and shrinking GDP all impact inflation in Sudan. However, exchange rates and government spending don't seem to affect inflation rates. The study suggests that the government should find real sources to finance budget deficits instead of borrowing from the central bank, which can increase money supply and inflation. It also recommends creating a good environment for investment and using Sudan's resources effectively to boost GDP and lower inflation rates.