Economist: The war has caused Loss of 80%of the State resources

Sudan Events – Nahid Oshi

Economist Adel Khalaf Allah said that speculation in foreign currency and a number of goods and the increasing demand for the ancient currency when the price of the pound declined against the dollar and other foreign currencies.
“He also stated in a statement to “Sudan Events “ to reduce and decrease supply due to the state’s loss of about 80% of its resources due to the war in exchange for increased spending on the war and the need for cash or to supply weapons, ammunition and equipment, which could lead to the erosion of the Central Bank’s cash reserves or confirm the exacerbation of the trade balance deficit” and the decline in agricultural and animal crops and their derivatives with the increase in consumer imports of no less than 6 billion dollars from remittances of Sudanese working abroad and their direction to project countries and displacement with the expansion of the scope of smuggling gold and export crops.
Khalaf Allah affirmed that the treatments stopped the war, and said that the continuation of the war means further decline in the exchange rate when the trade balance deficit increases and budget revenues continue to decline.