we can overcome problems
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Sudanese ex-Finance Minister:

We can overcome problems

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice We can overcome problems

Dr Sayed Ali Zaki
Khartoum - Abedalgoum Ashmeag

Dr Sayed Ali Zaki Khartoum - Abedalgoum Ashmeag Economist and Sudan’s former Minister of Finance Dr Sayed Ali Zaki expressed his optimism for the future of Sudanese economy in an interview with Arabstoday.  Speaking on Sudanese economy, Zaki acknowledged that the country has been suffering from several economic problems which have cast a negative shadow on the economy. Calling 2012 one of the most difficult years for Sudan, Zaki forecast better times in the coming year, adding that the 2013 budget comes amid better circumstances than other previous budgets. The former minister gave “internal and external factors” for the improvement. The internal factor, according to Zaki, is the increased agricultural productivity, which will provide locally-sourced food and material to export. This, he said, will have the effect of lessening the economic pressure on the treasury. As for the external factor, Zaki pointed out an increase in cooperation between Sudan and funding bodies, especially Arab ones, which financed several major projects that have supported local developments. The economist listed such projects as the heightening of the Roseires Dam on the Blue Nile and the construction of dams on the Atbara and as-Setait rivers in the east of the country. Zaki also referred to hard currency earned by Sudan through its exports of gold, and highlighted the positive potential of implementing the economic side of the agreement between Sudan and South Sudan, saying that it will lead Khartoum out of the economic crisis. Discussing the “insane” rise in the value of the dollar now, Zaki said it was caused by not implementing the cooperation agreement between the two countries. According to Zaki, as soon as the people feel that there are hurdles in the way of bringing the agreement into reality, there is a direct effect on the market and the currency exchange rate. As for the current row between Sudan and the International Monetary Fund, Zaki said it was caused by the IMF requesting that the government review some economic errors.  The Sudanese government took some economic measures that were, according to the economist, politically-driven. The IMF, Zaki goes on to explain, believes these measures are wrong and require a review.  The government, however, did not accept this, preferring to follow the usual route of blaming the IMF and accusing it of demanding harsh reforms for political reasons. Sudan accuses international funding agencies of being instruments of the western powers which have imposed sanctions on the country since Bashir rose to the presidency in 1989, concluded the economist.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

we can overcome problems we can overcome problems

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

we can overcome problems we can overcome problems

 



GMT 09:54 2018 Wednesday ,24 January

'Friendly and kind' N. Korean skaters

GMT 09:36 2017 Thursday ,07 December

Heidy Karam’s contract to present talk show close

GMT 10:50 2012 Friday ,20 January

Dusty weather expected in UAE on Friday

GMT 09:35 2018 Saturday ,13 January

New Zealand bat first in third ODI against Pakistan

GMT 10:48 2017 Saturday ,23 December

Meryl Streep's brand under threat

GMT 06:53 2017 Thursday ,11 May

17th Doha Forum To Begin Sunday

GMT 10:30 2017 Thursday ,23 November

Reports underline proliferation of weapons in Arab world

GMT 07:46 2017 Monday ,30 October

Catch it early, treat it early and move on

GMT 08:05 2015 Tuesday ,17 February

Conan O'Brien is first late night host to film in Cuba

GMT 16:17 2018 Thursday ,30 August

Five Saudi women pilots granted GACA licences
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice