Central Bank of Sudan to continue pumping foreign currencies

The Central Bank of Sudan (CBoS) will continue pumping foreign currencies to keep the stability of the exchange rate and promote the stability of the economy in Sudan, the Deputy Governor of the Central Bank of Sudan, Badr El-Din Mahmoud, announced in a media statement. He also spoke about Sudan's efforts to increase non-oil experts, such as gold, minerals, animal exports, and agricultural crops, as well as encourage  foreign investments and a vast oil production programme.   Badr El-Din has assured that these efforts will be aimed at filling the current gap in the stability of the exchange rate. Economic experts think that the high rate of foreign currencies in Khartoum is a problem that arosea after the separation of the South oil revenues. As a result, some called for the government to take early measures to reduce the impact, and demand rationalization of government spending and double the revenue in the state treasury.