Economic

The Former Trade Minister Calls for Protecting Private Sector

Sudan Events – Nahid Oshi

The former Minister of Trade and Director of the Kasha Center for Peace, Development and Conflict Resolution, Dr. Abdul Hamid Musa Kasha has considered the private sector the cornerstone and the main pioneer of the development renaissance in the chain of economic links for the productive sectors of the domestic and national product that support the national economy and the public treasury of any country. He said in his statement to “Sudan Events” that the government in any country should encourage and stimulate the private sector to start by developing encouraging economic policies with full protection for it, and not to enter into competition with the so-called government companies that are protected by it terms of positive distinguishing for its companies and customs and tax exemptions that makes it lose tThe ability to compete in supply and demand in order to be able to market its products and achieve fulfillment of its financial obligations towards the government and the financial institutions that finance it in the production process to avoid the risks of recession and poor marketing due to the high cost of production and the lack of competition in the market compared to government companies, which took them out of the production cycle, incurring huge losses, putting them in prisons and leaving the market.

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