Source: New Arab site
The Sudanese Council of Ministers approved allocations for the preparation of the budget for the new fiscal year 2019. The budget confirmed the continuation of subsidies for petroleum materials, bread, medicine and electricity, the imposition of no new taxes and the treatment of high prices and prices through support of consumer and productive cooperatives, review of wages and pensions, With policies aimed at reducing inflation and stabilizing the exchange rate.
Sudan suffers from several crises, notably the devaluation of the pound against foreign currencies and rising inflation to record levels.
The Sudanese Prime Minister and Minister of Finance Moataz Moussa in a previous meeting of the Council of the Minister of Finance, the budget next year is a budget programs to achieve tangible objectives felt by the citizen in his daily life, directed by the relevant authorities in the ministry to prepare within two weeks.
The guidelines and general features focused on efficiency, performance, vigor, initiative and a spirit of overcoming immediate circumstances.
The new budget focused on increasing the production and exports of petroleum products, monitoring the implementation of the export matrix agreed upon with the Employers' Union, increasing the efficiency of performance at the Tax Court, expanding the tax umbrella by creating intelligent patterns and using modern techniques in inventorying activities and collection and continuing efforts to prevent levies. And illegal collection of status and jurisdiction.
Sources confirmed to the "New Arab" that the meeting of the Council of Ministers yesterday traded the efforts to provide banknotes, and confirmation of the Governor of the Bank of Sudan in the meeting that the problem of banknotes casual and that the Bank of Sudan will continue to deal with banks and exchange needs of money.
The governor pointed out that the Sudanese currency printing press and other foreign printing presses are working to fill the gap. He revealed the intention of the bank to issue new securities for 100, 500 and 500 pounds, while encouraging electronic payment and check payment as alternative means of banknotes.
The Central Bank has approved new procedures that led to the rise of the dollar to more than 47 Sudanese pounds as the official price.