Calls for taking procedures to benefit from gold

Sudan Events – Rehab Abdullah

The economic expert, Dr. Muhammad Al-Nayer, stated that if gold is controlled and the rates of organized production are increased, in addition to the state benefiting from the revenues of traditional mining, he saw in his talk to (Al-Ahdath) that all of these factors make gold contribute to creating great stability in the Sudanese economy.
Al-Nayer said that before the war, gold represented more than 50% of export revenues, and noted that after the war this percentage is supposed to increase with precautionary measures, decisions, and some security control for border controls and other encouraging policies. He stressed that thus gold export rates could be higher, He stressed the possibility of keeping gold itself as a reserve with the Central Bank of Sudan, which would support the stability of the national currency and contribute to improving the value of the Sudanese pound after the battle is resolved and the war ends.
Pointing out that Sudan is considered the second African country in terms of gold production and the number 11 country in the world, he pointed out that the statistics announced are inaccurate, stressing that Sudanese gold is supposed to occupy advanced positions, better than the current classification, but he pointed out that Sudanese gold is smuggled in large quantities, and pointed out the rate of smuggling, under normal conditions and before the war, was high, not only across the vast borders and with neighboring countries, but also through the ports that were supposed to be completely controlled.