{"id":36780,"date":"2024-11-22T03:19:14","date_gmt":"2024-11-22T00:19:14","guid":{"rendered":"https:\/\/sudanevents.com\/?p=36780"},"modified":"2024-11-22T03:19:14","modified_gmt":"2024-11-22T00:19:14","slug":"finance-minister-sudan-is-living-on-oil-lakes","status":"publish","type":"post","link":"https:\/\/sudanevents.com\/index.php\/2024\/11\/22\/finance-minister-sudan-is-living-on-oil-lakes\/","title":{"rendered":"Finance Minister: Sudan Is Living on Oil Lakes"},"content":{"rendered":"<div dir=\"auto\"><strong>Sudan Events \u2013 Rehab Abdullah<\/strong><\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">The Minister of Finance and National Economy, Dr. Jibril Ibrahim, acknowledged that certain critical areas, such as the oil sector, had not received sufficient focus during the Economic Forum.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Speaking at the forum\u2019s closing session on Wednesday evening, he emphasized the need to develop Sudan&#8217;s oil production, describing it as a quick revenue source the country desperately needs. He noted that Sudan&#8217;s oil production before the secession of South Sudan\u2014which he described as &#8220;tragic&#8221;\u2014was approximately 500,000 barrels per day. This dropped to 120,000 barrels post-secession and has now plummeted to just 21,000 barrels per day.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">&#8220;We have fallen far behind while the rest of the world is advancing,&#8221; he said.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Dr. Jibril stressed the need for significant efforts to improve oil production in Sudan, remarking, &#8220;We are living on oil lakes.&#8221; He warned against complacency in utilizing this resource, adding, &#8220;If we do not take advantage of it now, oil will have little value 20 years from now.&#8221; He urged increased attention and investment in the oil sector.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sudan Events \u2013 Rehab Abdullah The Minister of Finance and National Economy, Dr. Jibril Ibrahim, acknowledged that certain critical areas, such as the oil sector, had not received sufficient focus during the Economic Forum. Speaking at the forum\u2019s closing session on Wednesday evening, he emphasized the need to develop Sudan&#8217;s oil production, describing it as &hellip;<\/p>\n","protected":false},"author":2,"featured_media":36616,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"class_list":["post-36780","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\/36780","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=36780"}],"version-history":[{"count":1,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts\/36780\/revisions"}],"predecessor-version":[{"id":36781,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts\/36780\/revisions\/36781"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/media\/36616"}],"wp:attachment":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/media?parent=36780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/categories?post=36780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/tags?post=36780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}