economic situation close to collapse
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

Former Sudanese minister:

Economic situation close to collapse

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleEconomic situation close to collapse

The former Minister of State, Abda al-Mahdi
Khartoum - Abed Algayom Ashmeag

The former Minister of State, Abda al-Mahdi Khartoum - Abed Algayom Ashmeag The former Minister of State in the Sudanese Finance Ministry, Abda al-Mahdi, has said the country\'s economy is close to collapse. Al-Mahdi, who was a state minister from 2002 to 2004, said in an interview with Arabstoday on Thursday, that mismanagement, corruption, and incorrect economic policies were behind the country\'s financial difficulties. \"The government neglected productive sectors like agriculture, industry and transportation, which achieved high economic revenues,: she said. She added that the government ignored these sectors and relied on petroleum, which soon got depleted. The former minister pointed out that proceedings the government intends to adopt to exit the economic crisis were not enough, as they should firstly be solved through political reform, enhancing relations with western states, and financial institutions that could give loans. She also demanded the government build healthy relationships with international institutions and saying talk dismissing international monetary organisations were harmful and illogical. \"We cannot live in isolated islands away from others for Sudan is part of the international system and should establish good relationships that are open to the world, based on common interests and benefits,\" she said.  Al-Mahdi said that when she was in power, she called for the finance minsitry to have full control on public funds. She hinted that influential ministers did not implement decisions aimed at reform, revealing that they kept huge financial revenues away from the finance ministry to build facilities that the country did not need. She stressed the necessity of returning to agricultural and industrial sectors. \"The conflicts in South Kordofan, Blue Nile and Darfur have complicated the economic situation of Sudan...the suffering of the Sudanese citizen has become unbearable,\" Al-Mahdi finished.

themuslimchronicle
themuslimchronicle

GMT 08:26 2018 Tuesday ,23 January

Five things to know about Davos

GMT 08:03 2018 Monday ,22 January

Saudi Arabia calls for oil producers

GMT 06:39 2018 Sunday ,21 January

Duterte bans Philippine nationals

GMT 11:50 2018 Saturday ,20 January

UK retail sales slide in December

GMT 06:22 2018 Friday ,19 January

To develop oil fields retaken from Kurds

GMT 12:41 2018 Thursday ,18 January

Sudan holds communist leader

GMT 07:37 2018 Wednesday ,17 January

Sudan police beat protesters at demo

GMT 07:31 2018 Tuesday ,16 January

UK construction firm Carillion collapses
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

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*

economic situation close to collapse economic situation close to collapse

 



Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

GMT 07:32 2017 Friday ,11 August

Venezuela clamps down on opposition politicians

GMT 08:39 2017 Tuesday ,15 August

Hundreds join silent London march for fire victims

GMT 10:19 2017 Saturday ,08 April

Google adds 'fact check' to global search results

GMT 08:51 2017 Friday ,13 October

Etzebeth to lead Springboks on European tour

GMT 13:54 2017 Saturday ,25 November

Electricity Minister receives UN Resident Coordinator

GMT 12:55 2017 Wednesday ,18 October

Cowabunga Adam! Great Scott makes waves in Korea

GMT 14:50 2017 Wednesday ,01 November

Oldest, most iconic drinking fountain in Kuwait

GMT 09:24 2017 Wednesday ,06 December

Canada and China hail ties

GMT 18:35 2016 Thursday ,06 October

Sisi bestows Order of Honor Star on Sudan’s Bashir

GMT 23:26 2016 Wednesday ,29 June

Still aiming to resume Syria peace talks in July
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
 
 Themuslimchronicle Facebook,themuslimchronicle facebook  Themuslimchronicle Twitter,themuslimchronicle twitter Themuslimchronicle Rss,themuslimchronicle rss  Themuslimchronicle Youtube,themuslimchronicle youtube  Themuslimchronicle Youtube,themuslimchronicle youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

muslimchronicle muslimchronicle muslimchronicle muslimchronicle
themuslimchronicle themuslimchronicle themuslimchronicle
themuslimchronicle
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
themuslimchronicle, themuslimchronicle, themuslimchronicle