Higher Committee for Financial Stability Holds First Meeting Since its Formation

Khartoum – Sudanhorizon
The Higher Committee for Financial Stability in Sudan held its first meeting , Monday, in Khartoum, chaired by the Governor of the Central Bank of Sudan, Amina Mirghani, with the participation of committee members representing relevant entities in the financial and economic sectors.
This meeting comes within the framework of the government efforts to enhance the stability of the financial system and keep pace with developments.
A press release issued by the Bank of Sudan’s media office stated that the meeting discussed a number of issues, most notably the expansion of digital financial services while considering the associated risks. The meeting also reviewed the state of the banking sector and efforts to reform it, and emphasized the importance of developing the stock market to contribute to supporting the national economy.
According to the press release, the meeting called for strengthening coordination and information exchange among relevant entities, and the need for early risk monitoring and taking the requied measures to address them, thereby enhancing the stability of the financial system.
It is worth noting that the Higher Committee for Financial Stability was formed by a decision of the Chairman of the Sovereign Council to coordinate and unify efforts among the components of the financial sector.
This aims to achieve the state’s macroeconomic objectives and contribute to economic growth while maintaining stability levels according to macroeconomic indicators.

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