Economic

Approval of Recommendations on Mining Revenues in the Red Sea State

Sudan Events – Follow-ups
The Red Sea State Government Council, in its regular meeting on Sunday, approved the recommendation by the Director-General of the Ministry of Finance and Manpower in the state regarding mining revenues. The recommendation classified mining revenues with other private revenues and matched them with the expenses of mining localities in their three categories: first, second, and third, which includes social responsibility.
The meeting, chaired by the Red Sea Governor, Major General Mustafa Mohammed Noor Mahmoud, was held in Port Sudan with the presence of the Director-General of the Sudanese Mineral Resources Company, Mohammed Taher Omar, and other relevant entities.
The Director of the Unified Collection Authority, Ahmed Abu Fatma, stated in a press statement that the meeting discussed the financial performance report for the first half of 2024. The council approved the recommendation of the Director-General of the Ministry of Finance and Manpower regarding mining revenues and matched them with the expenses of the mining localities in their three categories, including social responsibility.
The meeting recommended implementing the experiment of giving the mining localities their full revenues to cover their expenses entirely. These localities include the “Algannab and Awaleeb, Haya, and Gabait Al-Maaden” localities. The council approved the implementation of the recommendation starting from 2025.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button