Parliament threatens tough measures on rise in dollars against pound next week

Khartoum-The Economic Panel at the Sudanese Parliament has announced intentions to make strong decisions within the next week to control the depreciation of the Sudanese pounds against the dollar..

The committee described what is happening now as invisible destruction of the Sudanese economy, and decided to summon the minister of finance and the governor of Central Bank next week upon their return from Turkey to get acquainted with what has been made with regard to the rise in the dollars against the Sudanese pound and the revenues of the exportation during the first quarter of the year.

Head of the Economic Panel at the Sudanese Parliament Salim Al-Safai has said in a press statements on Monday that his committee held intensive meetings, during the past three months since the tabling of the general budget, with the minister of finance and the governor of Bank of Sudan and made plans and measures and to control the stock exchange, saying that the three parties are following up these plans.

The deputy admitted that the rise in the exportation was not big, saying that the country suffers from foreign debts, repayment of dues in hard currency besides the need for development.

Arabic Forum