Increase in Debts; True Stumbling Block to Loans: Al-Jak

Ahmed Ibrahim

Khartoum – Numerous factors have led to the downfall of the Ingaz government, especially politically and economically. Here, the economic side has been given special emphasis by the economists, particularly the area of loans and donations. To begin with, Dr. Hussein Al-Gouni, economic expert, says that the developing nations are noticed as often the recipient of donations and loans, lamenting that the loans are not spent on the agreed upon agendas -a situation that is to reflect negatively, especially on the livelihood of the citizens, going further to elaborate on this point like this; ‘because of this, the donors and the creditors are noticed as abstaining to get involved in issues as such’.
Dr. Izzel Din Ibrahim, economist, says that the donations and credits do not lead to solutions radically, calling on the concerned quarters to exert utmost efforts to seek a way out from this sorry impasse.
Dr. Mohamed Al-Jak, economics lecturer at the university of Khartoum, explains that loans and donations are not geared rationally to productive sectors, explaining that since 1950s and up to the present time, there has been apparent decline, especially in the field of loans, adding that increase in debts is a true stumbling block to easy accessibility to loans.
And Dr. Al Fatih Ibrahim, economic expert, affirms that credits function as the curative measure to crises, reminding in this concern with the economic catastrophic repercussions that are closely associated with the cessation of South Sudan.

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