Sudan.. billion dollars in losses in livestock exports

Sudan Events – Agencies

During the past year, Sudan lost about one billion dollars in livestock exports, which specialists described as an organized theft of Sudan’s resources, equivalent to seven and a half million heads of livestock, the proceeds of which did not enter the state treasury, considering that all records the state has been dealing with in this area are considered broken. Besides all the money from livestock exports that was looted was laundered into the exports of this sector.

Estimates of the Ministry of Finance indicate that Sudan’s livestock exports increased in 2023 compared to 2022, despite the war conditions, as live livestock exports reached 4.72 million heads, in addition to meat, which reached 5.89 million tons, while leather exports recorded 1.75 million tons, with a value of 552.46. Million dollars.
However, the former rapporteur of the Livestock Exporters Division, Khaled Wafi, explained to Al-Araby Al-Jadeed that all livestock resources since April 15 of last year have been stolen, equivalent to seven and a half million heads of livestock, and not a single penny has entered the state treasury.
He wondered about the fate of this money and revenues that the Central Bank is seeking to ban its companies or records, noting that all those records have been “defeated.” “We need to uncover all the companies that issued after April 15 of last year, and which are still stealing Sudan’s resources.” He added.
“despite the movements of the Minister of Trade and Supply and the advance payment circular for exports, there are parties seeking to thwart these measures, which require prosecution by the official authorities to find out who is involved.” He continued. He explained that the looting even affected tax and zakat revenues, considering that this is clear sabotage because weak souls were exploited. This is the current war, as there is no oversight to recover the money.

He pointed out that livestock revenues did not increase before the war, while now all companies have taken advantage of the lack of an effective government, and livestock looting has spread.

In a circular issued by the Central Bank of Sudan on March 6, 2024, it was decided that all live livestock will be exported through all land, sea and air crossings by means of advance payment or documentary credits, with the banks having to direct their clients to refer to the Ministry of Trade and Supply to reconcile the status of their existing contracts that were not issued to it. Export forms yet, or those that have not been shipped. Goods allowed to be exported through border trade are excluded, in accordance with the controls regulating them.