A former Minister appreciated Controls for importing Petroleum Products

Sudan Events – Rehab Abdullah

the former Minister of State at the Ministry of Energy and Oil, a consultant Eng., Dr. Ishaq Jamaa, appreciated controls for importing petroleum products.
In his speech to Sudan Events , he affirmed that it was a step in the right direction, but he saw that he might need more controls and good management.
A large amount of local currency, and the dollar is bought from the local market, and it has no other source, and it led to speculation in the currency market and an increase in inflation, and thus the price of the Sudanese pound deteriorated significantly. Isaac said that in the past, funding is carried out through the Ministry of Energy, and the payment of funding is scheduled through the ministry, according to the flow of hard currency resources. Injecting the product from ships, storage and then to the final consumer, and even programming the ships in the cleats in the port. foreseeable.
Ishaq affirmed the need for the prices of petroleum products to be under government management, whether subsidized or unsupported, and the final supplier and distributor enjoy commission and price stabilization, due to its repercussions on the movement of the economy sectors.
He also cautioned that solutions to economic problems are well-thought-out solutions by capable specialists, because reference to the old solutions does not suit the new developments in most cases.