Imports Outweigh Exports to the Tune of US$ 6 Billion

Ahmed Ibrahim Ballal

Now, the country has economically been plagued by the biggest deficit which estimated at $US 6 billion- while the imports reach US$ 9 billion, the exports are only US$ 3 billion.
Many have expressed the desire to express their opinion on this matter. To begin with, Siddig Hedoub, secretary general of exporters’ department, talks about application of strict measure regarding the ones who abstain to bring the returns of exports back to the country, suggesting that to have their heads been cut off if the situation necessitates, going further to associate the few returns of exports with the rising of the value of the dollar and the rates of inflation.
The head of the department of oil seeds exports, Mohamed Abbas, says that in the last season there are about 600,000 tons of sesame in addition to one million and a half tone of groundnut which have been produced whose value amounts to $US 1.5 billion which is supposed to be pumped in via the official channels. ‘But, alas, nothing as such materializes’, adding that there are many commodities being smuggled to the neighboring countries without the least export returns, calling on the transitional military council to deal firmly with the subject matter.
He laments that what defeats the export policies are the levies that are imposed on exports along the national roads which function as a biggest stumbling block in the process. ‘For instance, along all the stations that range from Obeid to Port Sudan, puzzling taxation rates are put on by the localities on the export commodities’.
Deputy secretary general of employers’ union, Dr. Abas Ali Al Sayid, comments that exports are one the main gates through which hard currencies can enter the country, seeing that it is much imperative to adopt scientific and objective plans to associate local products with export domains.
And Dr. Abdalla Al Ramadi, banking expert, calls for the benefiting from the huge resources of Sudan which has now been viewed as topping the Africa’s economic tigers, affirming that the returns of exports have not entered the treasury of the central bank of Sudan, pointing out commodities set for exportation are smuggled abroad.

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