Finance Minister: Despite the War, Trade Deficit Shrinks by Nearly $1 Billion

Khartoum – Sudanhorizon

Sudanese Finance Minister Dr. Gibril Ibrahim has declared a reduction in the trade deficit for 2025, despite the ongoing war.
Speaking at the opening session of the Private Sector Recovery Conference, held this Monday at Al-Salam Hotel in Khartoum by the Ministry of Finance in collaboration with the United Nations Development Programme (UNDP), the Minister confirmed that the deficit there was a drop from approximately $6 billion in 2024 to around $5 billion in 2025.
This improvement is anticipated despite persistent challenges in the external sector and limited foreign currency inflows. He emphasized that boosting production and exports is a strategic priority for ensuring exchange rate stability and securing foreign currency.
Ibrahim affirmed that Sudan possesses the natural and human resources necessary to achieve an economic renaissance, noting that the real challenge lies in transforming this potential into actual production, investment, and value-added exports.
He explained that the current phase requires shifting the economic foundation from a model based on consumption and imports to an economy driven by investment, domestic production, and exports. To achieve this, the Ministry announced plans to improve the business environment, remove obstacles for investors, and develop the banking sector to ensure the availability of financing for the private sector—with a particular focus on small and medium-sized enterprises (SMEs) as key drivers of employment.

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