Finance Minister: Agricultural Investment Is the Key to Economic Recovery
Finance and Economic Planning Minister Dr. Jibril Ibrahim stated that investment in agriculture is the safest path toward achieving sustainable development in Sudan.
He emphasized that creating a favorable investment climate and improving infrastructure are vital to attracting investors and facilitating production and exports within a robust legislative framework.
Addressing the Sudanese Export Forum, organized by the National Chamber of Exporters under the Federation of Chambers of Commerce, Ibrahim said the government’s role is to regulate production and economic growth, not to compete directly in production.
“We have no reservations about the private sector, even though we grew up under a socialist system. We extend our hands in partnership and will confine our role to tax collection,” he said, stressing that partnership with the private sector is the cornerstone of reviving the national economy.
The minister pointed out that farmers face major challenges due to low productivity, which affects their ability to repay loans. He urged practical solutions to raise output through the provision of agricultural inputs, particularly fertilizers.
He added that small-scale farmers do not require large loans to resume production and that the ministry’s experience with them has shown high repayment discipline, calling for greater support and empowerment of this vital group as the backbone of Sudan’s agricultural economy.
