The Government is Moving out of Production Processes in Economy in Favor of Private Sector

Sudan Events – Follow-ups

The Minister of Finance Dr. Jibriel Ibrahim Mohammad has met, in his office with a delegation of Sudanese businessmen representing the private sector, exporters and importers, in the presence of Al-Fateh Abdullah Yousuf, Minister of Trade and Supply, Burai Siddiq Ahmed, Governor of the Central Bank of Sudan, and Salah Al-Din Sheikh Khider, Deputy Governor of the Central Bank.
The delegation of exporters and importers included Youssuf Ahmed Youssuf, Amin Abbas, Essam Fadlallah, Mohammad Daoud, Ayman Mohammad Al-Sheikh, and some representatives of the Chamber of Commerce and the Employers Union.
The meeting discussed the problems facing the private sector, the systematic destruction and plunder that occurred as a result of the war, and the practices of the rebel Rapid Support militias (RSF). The meeting also discussed the problems facing Sudanese exporters and importers in various fields and how to increase the private sector’s contribution to supporting the national economy.
The Governor of the Bank of Sudan stressed the importance of establishing controls and policies that help solve the problems of the private sector, in addition to solving all problems of exports, imports, and export revenues in cooperation with commercial banks in order to achieve the national interest.
The Minister of Trade and Supply also affirmed his support for exporters and importers by facilitating export and import procedures and holding joint meetings to review trade protocols with other countries and address negatives and gaps.
Representatives of the exporters and importers sector at the meeting expressed their thanks for the state’s understanding of the challenges and problems facing the sector and seeking to solve them in a way that achieves joint benefits for the state and the private sector.
In this context, the Minister of Finance stressed the importance of the role of the private sector in the national economy, and stressed the importance of holding such meetings periodically for consultation and exchange of ideas. He indicated that the government is in the process of developing policies that support the country’s gradual exit from production processes in the economy in favor of the private sector, stressing the importance of addressing the problems of foreign and export trade in particular through monetary fiscal policies during the coming period.