Sudanese emergency program achieved success in expenditure

GMT 06:36 2014 Monday ,04 August

Arab Today, arab today Sudanese emergency program achieved success in expenditure

Dr Haitham Fatihi
Khartoum - SUNA

The renowned economic expert, Dr. Haitham Fatihi, said that the tripartite program for economic reform that was launched by the state during the period 2011-2014 has achieved some successes.
In a statement to SUNA, Dr. Fatihi said that the program has achieved some successes in rationalizing government's spending and increased the production, particularly in the fields of sugar and cement industry and lifting the subsidy on fuel and the basic commodities.
He noted that the program was accompanied by faltering in the stability of the exchange rate of national currency and increase in prices of some cash exports such as sesame, cotton and gum Arabic, stressing on the necessity to increase production in the main four cash commodities (cotton, minerals, gum Arabic and livestock), besides settling some industries such as medicines, vegetable oils, petrol materials such as gasoline gas and furnace till that the Sudanese economy achieve recovery.

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