Deficit Finance and Economic Development in the Sudan

This study attempts to measure and analyse the importance of deficit finance in the economic development of the Sudan during the period 1960–9, mainly covered by the Ten-Year Plan of Economic and Social Development, 1961/2 to 1970/1, not implemented beyond 1969. In the light of these findings I shall also review the implications for the success of the present Five-Year Plan, 1970/1 to 1974/5, but since I am basically concerned with the rôle of deficit finance, I shall not attempt to appraise the overall national economic policies and trends, although these significant variables obviously affect each other.