Sudanese adviser details government measures in curbing dollar
The financial and economic adviser to the Prime Minister Mahar Mohammed Saleh, on Thursday, separated the government measures that contributed to curbing the dollar.
Saleh said {Euphrates News} that: “Credit cards, with their high flexibility in use, have provided a direct role in providing easy payments in foreign excres for travel purposes.”
“The demand for foreign exchange was also met by withdrawing from the dollar accounts of citizens after banks were allowed to supply dollars from foreign foreign markets in cash for this purpose,” he added.
Saleh pointed to “the trade regulation with neighboring Turkey to finance trade in Turkish lira through sober banking channels,” all these factors “have contained the noise of the illegal parallel exchange market.”
He continued, “In addition to the role of economic policy in enabling the commercial arm of the state by providing an additional stable-priced commodity offer by adopting four additional baskets to provide basic commodities and supporting supplies to the market funded at the official exchange rate of 1320 dinars per dollar.”
Saleh described this policy as “price defense, which led to the fall of growth in annual inflation to 3.7% currently, after that annual price growth was about 7% in the accounts of the beginning of the year.”
From: Raghad Daham
https://alforatnews.iq/news/مستشار-السوداني-يفصل-الاجراءات-الحكومية-في-كبح-جماح-الدولار
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