AfDB Chairman to visit Sudan soon, the bank seeks to address Sudan financial transfers affected by

07:24 PM September, 21 2016

Sudanese Online
Sudan News Agency-Khartoum-Sudan
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Khartoum, Sept. 21 (SUNA) - The African Development Bank (AfDB) revealed an expected visit of its president Sudan, stressing its endeavour in coordination with the Government of Sudan to address the obstacles that impede the progress of the financial remittances allocated by the bank to finance the approximately 11 projects being implemented in Sudan at a cost of 200 million dollars, which is a grant negatively affected by the economic blockade.
The Minister of Finance and Economic Planning Badr-Eddin Mahmoud urged AfDB to push Sudan's efforts to address its foreign debt and pursue to lift the economic blockade imposed on it.
The minister briefed, at his office Wednesday the Executive Director of the AfDB Sudan Group Mr. Kabuyna Aoki Afary, on the economic reform programs in Sudan including the five-year program, stressing the priority of concern is being given to agriculture as a prime sector to compensate for the lack of resources after the exit of South Sudan oil.
The minister called on AfDB to support Sudan's efforts to develop agricultural technologies and modernize the means of production and to give concern to agricultural industrialization in order to add value to the export-oriented production as to contribute to the sustainability of economic stability through the provision of free currency, improvement of the balance of payments and increasing of income to create positive impact on the implementation of poverty combating strategy, in addition to the achievement of the goal of Sudan as the world's food basket.
For his part, Mr. Afary explained that his visit to the country aimed at getting acquainted with Sudan's economic strategy to be presented to the AfDB's Board of Directors in the coming period, adding that the visit also targeting coordination of the bank and its representative resident in Khartoum with the Government of Sudan to prepare for the success of the forthcoming visit of the Bank President to Sudan at a time to be agreed upon later.
BH/BH


أبرز عناوين سودانيز اون لاين صباح اليوم الموافق 21 سبتمبر 2016

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