Minister of Trade Says No Reason for Increases in Prices

Gms: Khartoum, 13 January 2018 (SUNA)

The Sudan Minister of Trade, Hatim Al-Sir, said there were rapid increases in prices of goods at the time of the ratification of the 2018 budget, indicating that such increases are unjustifiable and have no reason.


 He said in a press statement at the Council of Ministers Thursday that all increases in prices of commodities have been based on rumors.
 The Minister said that the Ministry of Trade, in collaboration with the States would work for control and organize markets , saying we would not allow the current anarchy which hit markets.
 He said the Ministry is working to tighten the monitoring and following up the markets, indicating that the ministry would issue a regular bulletin containing the prices of basic commodities.
 The Minister of Trade explained that the basic goods have been exempted from fees, the VAT and custom duties in the 2018 budget therefore the increases in prices of such commodities are not acceptable.

 


Gms: Khartoum, 20 January 2018 (SUNA)

The Governor of the Central Bank of Sudan Hazim Abdul Qadir said that in the context of the ongoing review and accompanying policies and to facilitate and simplify the calculation of the exchange rate by banks and exchange rates selling houses, the incentive rate was absorbed in the indicative price in accordance with the system of flexible exchange rate for the mechanism of the Central Bank of the exchange rate to govern the change of ranges around the indicative price, which must be followed by banks and exchange rates selling houses and announce their purchase and sale prices within these ranges;  this shows that the Central Bank of Sudan still adopts the managed exchange rate system and has not been converted to another system in the management of the exchange rate.

The minister of animal resources, Bushara Jumma Arro called for mobilizing all efforts for the slogan of "Sudan the food parcel of the world". The ministry plans for organizing a national conference next February for the purpose.

Gms: Khartoum, 19 January 2018 (SUNA)

The Sudan News Agency (SUNA) Regular Forum is due to host on Saturday, January 20, at 12 noon, the Minister of Trade, the Director General of the Sudanese Free Markets and Zones,

The Swedish government has signed a partnership agreement with the UN fund for habitats and development to provide financial aid to Sudan to boost developmental purposes.

Gms: Kosti, 16 January 2018 (SUNA)

Eng. Ahmed Mohamed Yousuf, Director General of the Ministry of Agriculture, Forestry and Irrigation in the White Nile State, confirmed that the winter season crops plantation is going well.