Economic Expert: Fuel Prices and Exchange Rate Stability Requires More Than Changing Import Mechanisms

Fuel Crisis surpasses imort Mechanism

Khartoum, (Nabaa Sudan) – Economic expert Walid Dalil said that stabilizing fuel prices and the exchange rate cannot be achieved simply by changing import mechanisms. He said the crisis is primarily linked to Al-Jaili Refinery going out of service, which had supplied around 70% of domestic consumption, forcing the country to rely on imports paid for in hard currency.

In a statement to Nabaa Sudan, Dalil explained that the shift from the quota system to “joint groups,” followed by a return to allocating 50% of imports to the government sector and 50% to the private sector, had not addressed the root of the problem, but merely redistributed import powers among the various actors.

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