Huge Debts of Insurance Companies to The Finance Ministry

Sudan Events – Rehab Abdullah

Head of the Sudanese Federation of Insurance and Reinsurance Companies, Tamadur Abu Al Gasim, revealed a large debts of insurance companies to the Ministry of Finance and Economic Planning in the form of agricultural insurance premiums.

Tamadur revealed that the debts of insurance companies to the Ministry of Finance so far for only 5 companies amounted to about 5 and a half billion, and she indicated that these are debts that have been accumulated for years, and she considered them a primary reason for the weakeness of companies.

She confirmed that the debts of all companies are very huge, noting that the debts of five companies has reached her so far.