Meeting Headed by Prime Minister Takes Measures to Curb the Rising Dollar
Prime Minister Dr. Kamal Idris emphasized the necessity of coordinating efforts among all components of the economic sector and the relevant authorities in order to improve the performance of the national economy, shield it from crises that affect citizens’ livelihoods, ensure the provision of basic services, and fulfill both domestic and foreign state obligations.
On Thursday, Idris chaired a meeting in his office in Port Sudan to discuss the implications of the depreciation of the national currency against foreign currencies and to explore effective solutions for improving and stabilizing the national economy, starting with strengthening the exchange rate of the national currency.
The meeting was attended by Minister of Finance and Economic Planning Dr. Jibril Ibrahim, Minister of Industry and Trade Ms. Mahasen Ali Yaqoub, Deputy Governor of the Central Bank of Sudan Mr. Mohamed Othman, Deputy Director General of Customs Police Major General Babiker, and Director of Economic Security Major General Mahjoub Abkar.
The meeting stressed the need to address the economic impacts resulting from the war waged by the rebel militia targeting the national economy.
It also agreed on the importance of combating practices that negatively affect macroeconomic stability and the erosion of the national currency, such as smuggling, currency trading, and uncontrolled imports. The participants concurred on the need for urgent safeguards to preserve national economic security.
