Current Date:

Monday, 29 January 2018

SSWA Sets Policies to Utilize Remittances

Khartoum-The Secretariat of Sudanese Working Abroad SSWA has revealed endeavors to promote and improve the situation of expatriates

, this came while he was talking to Blue Nile Channel.
SSWA general secretary Dr. Karrar Al-Tuhami stated that he is following the recent development of migration economy in collaboration with government, pointed out that the cabinet is ready to adopt incentive policies to encourage expatriates via estate funding program.
“SSWA is exerting efforts to overcome challenges face expatriates and to create a conducive environment to restore confidence between the state and the expatriates which was being lost during the US economic sanctions” added Karrar.
He also explained the impact of sanctions on remittance which considered as direct domestic development tools rather than foreign funds.
The general secretary has announced that 2009-2009 remittances totaled to US$ 3 billion, which is now affecting by the illegal rate exchange activities.
SSWA has planned to establish special Bank as partnership between the government and expatriates to provide financial services to contribute to economic improvement said Karrar who vowed to overcome challenges face expatriates like fees and taxes.
SSWA supports returnees nearly 60,000 were returned from Libya during the conflicts and received good services to resume normal life in their homeland.
Earlier the Ministry of Foreign Affairs and the Secretariat of Sudanese Working Abroad were organized workshop to discuss difficulties stand on the way of remittances through an attractive policy to encourage expatriates to transfer hard currencies to curb inflation and to stabilize rate exchanges prices.