{"id":34715,"date":"2024-10-18T21:40:24","date_gmt":"2024-10-18T18:40:24","guid":{"rendered":"https:\/\/sudanevents.com\/?p=34715"},"modified":"2024-10-18T21:40:24","modified_gmt":"2024-10-18T18:40:24","slug":"complications-facing-gold-exports","status":"publish","type":"post","link":"https:\/\/sudanevents.com\/index.php\/2024\/10\/18\/complications-facing-gold-exports\/","title":{"rendered":"Complications Facing Gold Exports"},"content":{"rendered":"<div dir=\"auto\"><strong>Sudan Events &#8211; Rehab Abdullah<\/strong><\/div>\n<div dir=\"auto\">Former head of the Sudanese Association of Goldsmiths, Traders, and Exporters, Atef Ahmed, revealed complications with the proceeds from gold exports to Egypt, particularly in terms of banking transfers, as dollars are not transferred to exporters due to the unstable value of the Egyptian pound, which is not recognized by the Central Bank of Sudan.<\/div>\n<div dir=\"auto\">Atef disclosed that exporters are struggling due to the lack of currency exchange for export proceeds in banks. He stated, \u201cThe Central Bank must instruct banks to purchase these proceeds,\u201d adding, \u201cOnce the proceeds are converted in advance, exports can be shipped anywhere, whether to Turkey or Egypt.\u201d<\/div>\n<div dir=\"auto\">He also pointed out local complications, such as bureaucratic delays in obtaining export certificates, and said, \u201cWe demand the implementation of a unified window, but it has not been executed yet, and each entity continues to operate independently, obstructing the export process and wasting clients\u2019 time.\u201d Atef emphasized the need to expedite the implementation of the unified window, considering it a necessity to facilitate the export process, enhance exports, and consequently strengthen the state\u2019s treasury with foreign currency.<\/div>\n<div dir=\"auto\">Atef noted that gold prices in Sudan have declined, with the raw gram priced between 182,000 to 185,000 Sudanese pounds.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sudan Events &#8211; Rehab Abdullah Former head of the Sudanese Association of Goldsmiths, Traders, and Exporters, Atef Ahmed, revealed complications with the proceeds from gold exports to Egypt, particularly in terms of banking transfers, as dollars are not transferred to exporters due to the unstable value of the Egyptian pound, which is not recognized by &hellip;<\/p>\n","protected":false},"author":2,"featured_media":33151,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"class_list":["post-34715","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economic"],"_links":{"self":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts\/34715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/comments?post=34715"}],"version-history":[{"count":1,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts\/34715\/revisions"}],"predecessor-version":[{"id":34716,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts\/34715\/revisions\/34716"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/media\/33151"}],"wp:attachment":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/media?parent=34715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/categories?post=34715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/tags?post=34715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}