Current Date:

Saturday, 17 November 2018

The Impact of 2018 Budget on Exporters

Khartoum - The National Exporters Chamber of Commerce affirmed that the latest resolutions of the Central Bank of Sudan have succeeded in reducing the dollar rate from SDG 40 to less than SDG 35 in the first week of implementation.
The Chamber Deputy president Hassabo Mohd Ahmed explained during a meeting with the Textiles and Clothes Chamber to explain the impacts of the 2018 budget that the resolution came after administrative and legal measures taken against the foreign currency dealers in the black market which included the monopoly of the gold trade by the central bank.
The deputy president of the chamber concluded his briefing by that the economic challenges left only two alternatives either real reforms or go on the same road which lead to this situation. But the political leadership choose the hard choice of reforms.