SUDAN INSIGHT ALERT: Radio Dabanga - Economist: Sudan govt set the wrong priorities

1/9/2021: Radio Dabanga - Economist: Sudan govt set the wrong priorities

Economist and Sudanese Communist Party leader, Dr. Sidgi Kaballo, calls for the government to prioritise internal economic process reforms, enhancing production capacity and improving infrastructure, rather than exchange rates and the budget deficit.

Dr. Kaballo suggested that the government slows down its implementation of IMF conditions to obtain new loans in order to focus on “internal reforms, removing exploiting elements from the economy, expanding agriculture, and structurally solving power outages by setting up solar power plants,” adding that the reforms should focus on the export sector and restoring progressive tax law based on production types.

“Most importantly” Dr. Kaballo called for the recovery of the economy from “parasites” affiliated to the former regime, including by reforming the banking system and ending their monopoly on petrol imports.

Dr. Kaballo further called on the government “to benefit from grants, loans and investments from the international community in irrigation and of solar energy”.