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Recovery of the Sudanese Economy

Neimat AlNaiem
neimatalnaiem@yahoo.com

The visiting delegations to Sudan these days to invest or to build Strategic partnerships is considered one of the indicators that Sudan, following removing its name from the list of States Sponsoring Terrorism, will open a new chapter to create good relations with the world community.

One of the important requirements for the coming era is the full counseling of Sudan’s external debts. Sudan leaders were in Paris -France last May 2021 to drum up international investments and to slash Sudan’s $60 billion of debts. The Paris Club creditors group has agreed to council $14.1 billion in Sudanese debts and to reschedule the terms of servicing a further $ 9.5 billion owed by the group.

Step in the right direction while Sudan declaring strong measures of poverty reduction and ambitious economic reforms that allowed Sudan to reach the decision point under the enhanced Heavy Indebted poor Countries HIPC.

Great efforts are needed to pave the way for attracting foreign investments as well as national ones. Sudan is in bad need to be organized from within. It is so important to rebuild our economy by supporting and encouraging an increase in production and productivity in all parts of Sudan.By rehabilitating the infrastructures. Construction new projects including transport sector with its all kinds, Air, land railways and navy transport to link the production areas with the capital and harbor for exporting products and Sudanese local products and to export to the region and the world in general.

It is high time to reform our economy. It is to rearrange our priorities by setting well-studied plans and strategies to pave the way for the recovery of our economy. To create a strong economy based on real figures that explain inflation rates. Percentage of poverty. Mechanism of reducing poverty rates. Increasing production as a way out to solve our chronic economic issues. To create Strategic partnerships with the world developed countries. Political stability is the key factor for economic stability and sustainable development in all parts of Sudan.

Let us support the successful ideas and policies to overcome our problems. Let us put the development of Sudan as a top priority. And let us work hard for the recovery of Sudan’s economy.

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