Cabinet Advisory Authority Recommends Programme to Address Economic Imbalances
Khartoum – Sudanhorizon
A discussion session organised by the General Secretariat of the Cabinet Advisory Authority on the challenges and threats to exchange rate stability in Sudan has recommended adopting a comprehensive and publicly announced economic stabilisation programme, agreed upon by the fiscal and monetary authorities and other relevant bodies. It also called for increasing the official supply of foreign currency, rebuilding confidence in the banking system and payment networks, and expanding digital services.
The session further recommended expanding agricultural production and local manufacturing, while directing imports in accordance with clearly defined economic priorities.
The discussion session reviewed two research papers addressing the challenges and threats to exchange rate stability, as well as a strategic vision for regulating the exchange rate and curbing inflation.
In his opening remarks, the representative of the Minister of Cabinet Affairs paid tribute to the Armed Forces, Joint Forces and supporting forces as they wage the Battle of Dignity to defeat the Rapid Support Forces militia. He also commended the Advisory Authority, describing it as one of the leading institutions providing the Cabinet with relevant opinions, proposals and ideas on government affairs.
He affirmed the Ministry of Cabinet Affairs’ interest in the session’s outcomes, which would be conveyed to decision-makers through Cabinet channels.
For his part, Secretary-General of the Advisory Authority Dr Abdelaziz Ali Karrar said the discussion session aimed to adopt a comprehensive economic vision that moves beyond short-term solutions towards integrated structural reforms addressing the root causes of economic imbalances. He stressed the importance of linking public spending to available resources and production priorities.
Shortlink: https://sudanhorizon.com/?p=20277