Public Sector Financial Performance in Sudan (1990–2018): Sanctions and Economic Openness
Abstract
Public sector financial performance is a critical determinant of development outcomes in low-income and fragile states. This study examines the financial performance of Sudan’s public sector over the period 1990–2018, with a particular focus on the effects of international economic sanctions and opportunities arising from economic openness. Using secondary time-series data from the Central Bank of Sudan, the Central Bureau of Statistics, and the Ministry of Finance and National Planning, the study analyzes fiscal trends, debt dynamics, inflationary pressures, and foreign direct investment (FDI) inflows. Descriptive and comparative trend analysis is employed to contrast periods of strict sanctions with episodes of partial normalization. The findings indicate that sanctions significantly weakened public sector finances through reduced revenues, constrained access to external finance, and heightened macroeconomic instability. However, the 2006–2010 period demonstrates that even limited normalization and external engagement can yield improvements in fiscal performance and investment inflows. The study further argues that economic openness—through trade integration, FDI attraction, and human capital development—offers a viable pathway for structural transformation and long-term fiscal sustainability. Policy recommendations emphasize governance reform, institutional strengthening, investment climate enhancement, and macroeconomic stabilization.
Fields of Study & Subjects
Fiscal Policies and Political Economy
Economic and Fiscal Studies
Economic Growth and Fiscal Policies
Publication details
- Journal / source
- Asian Journal of Economics Business and Accounting
- Volume
- 26
- Issue
- 2
- Pages
- 285–292
- Publication date
- 16 February 2026
- Language
- EN