Importers’ Chamber:Memorandum on Economic Situation to Sovereign Council Chairman

Khartoum -Sudanhorizon

The head of the National Chamber of Importers, Al-Sadiq Jalal al-Din Salih, has announced the Chamber’s intention to submit an urgent memorandum to the Chairman of the Sovereign Council. The memorandum will diagnose the exchange rate crisis and propose practical solutions.

Speaking to the press on Tuesday, Jalal al-Din accused the Cabinet’s Economic Committee of promoting “false and hollow slogans,” noting that its decisions failed to halt the Sudanese pound’s depreciation against foreign currencies. He pointed out that the exchange rate for the Dirham rose from 1,600 pounds (at the time of the committee’s first meeting) to over 2,080 pounds, while the dollar rate surged from 4,100 pounds—when the ban on goods was imposed—to 7,600 pounds.

The head of the Importers’ Chamber reiterated his criticism of the policy banning certain goods, asserting its failure. He argued that such bans do not eliminate demand but rather shift it to the parallel market and smuggling channels, thereby driving up prices and inflation while reducing public revenue. He accused the government of masking poor economic performance through borrowing, expanding taxation, and raising the customs dollar rate, rather than focusing on lowering production costs and providing necessary infrastructure and electricity.

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