Arab Today, arab today sudan gets financial loan
Last Updated : GMT 22:26:35
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Arab Today, arab today

Sudan gets financial loan

Arab Today, arab today

Arab Today, arab today Sudan gets financial loan

Khartoum - QNA

Sudanese Finance and National Economy Minister Ali Mahmoud revealed that China National Petroleum Corporation Company (CNPC) gave a huge financial loan to Sudan. The loan will make a radical change in the structure of the Sudanese economy. The finance minister said in remarks to Sudanese newspaper (Al Mashad Alan) published today that the loan is a good news for the Sudanese people because it will help in increasing the production, ease prices and stabilize the exchange rate of the Sudanese pound against other currencies. He also noted that an agreement was signed with CNPC company on postponing the payment of Sudan\'s previous debts to the company for five years, stressing that in the next brief period the Sudanese economy will witness the results of this step with further economic stability and new mutations.

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