Banking Expert: Increasing Exports Is the Most Effective Solution to the Country’s Economic Challenges
A banking and economic expert, Yasser Al-Tayeb Babiker Al-Jamri, said that boosting exports represents the most effective solution to addressing the country’s economic challenges, particularly in the post-war phase.
Al-Jamri, Director of the Savings and Social Development Bank in Shendi, stressed the importance of safe states working to increase agricultural products that are in demand in global markets, as this would enhance export revenues.
He called for the establishment of government-owned companies to take charge of gold production in the country and for the abolition of traditional artisanal mining, which relies on primitive tools and methods. He urged the River Nile State government to take the initiative in gold production.
Al-Jamri praised the steps taken by River Nile State to increase the number of operating factories—both incoming and resident—noting that these factories have been able to meet the needs of other states for the goods they produce, despite the critical conditions the country is experiencing.
He also supported the establishment of three livestock production cities in River Nile State, noting that such projects would offer multiple advantages in livestock production, dairy processing, and meat exports in various forms that align with the requirements of domestic and international markets.
Al-Jamri highlighted the importance of the “Made in River Nile” forum, scheduled to be held in the city of Atbara later this month, explaining that the forum aims to set pathways for the development and advancement of industry in the state in particular and in Sudan more broadly.
