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Tuesday 20th November 2018 | 11-19-2018

Government Decides Reform of Foreign Investment

Government Decides Reform of Foreign Investment
Zuleikha Abdul Raziq 
Khartoum- Prime Minister Mutaz Musa has disclosed that the government has decided revision and reform of foreign investment besides the need for new criteria for investment to contribute to substituting imports and increasing exports besides generating foreign exchange for the Sudanese economy.
Musa stressed in his response to the report of the ad hoc committee on the statement by the prime minister on the performance of the government and its plan for the coming year at the Parliament Tuesday that the revision aims at boosting performance at the foreign investment sector in the country.
He affirmed continuation of subsidizing basic materials, disclosing a vision for control and management of subsides for all needy categories, indicating that there is a category of the society that should be supported.
He said his government strives for provision of liquidity, tackling the challenges facing reform of the banking system, pointing out that the government is capable of finding solutions for the issue of availability of liquidity.
He disclosed decisive measures for return of the big amount of money, which had been kept outside the banking system, to banks.
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