Page 547 - 2016 - Vol. 40

trade policies on economic activities in Sudan. He tested
the hypothesis that the real growth rates in money supply,
real growth rate in government expenditure, and openness
have a positive impact on economic activity. The empirical
results revealed that, trade openness variable are more
potent than fiscal and monetary variables. Trade openness
and fiscal policy influences were significant in determining
the growth rate in real GDP. Based on the findings of the
study, more encouragement for foreign trade is needed by
facilitating procedures and eliminating all barriers in order
to achieve higher rates of economic growth. Import
substitution and export promotion strategies should be
adopted with the diversification of production and markets
as well as improving economic infrastructure, particularly
roads and bridges. Furthermore, a rational fiscal policy that
raises the rate of economic growth and reforms
development projects should be adopted.

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