أثر إعفاء الديون الخارجية على ميزان المدفوعات السوداني

Abstract

The study aimed to identify external debts and show the impact of forgiving external debts on the balance of payments in Sudan in the period (2000-2021 AD). The paper assumed that there is a relationship between the external debt crisis in Sudan and the deficit in the balance of payments, and that there is an impact of forgiving external debts on the balance of payments in Sudan. The paper relied on the descriptive, analytical, inductive approach, and the standard approach, specifically the Ordinary Least Squares (OLS) method, in estimating the relationship between the variables of the study. The study reached results, the most important of which is that external debt has a negative impact on the Sudanese balance of payments. We find that external debts have a negative impact on the trade balance due to the insufficient foreign exchange for external receivables related to Sudan’s needs for goods and services. The paper recommended improving external relations with many friendly regional and international organizations to ensure the acquisition of loans, their use in productive projects, and control their management. There must also be development in Sudanese exports so that they can generate valuable revenues that cover the value of imports of goods and services and improve the trade balance.