Khartoum, (Nabaa Sudan) – Sudanese Minister of Finance and Economic Planning Dr. Gebreil Ibrahim affirmed that Sudan possesses all the natural and human resources needed to achieve economic advancement, noting that the real challenge lies in transforming these resources into production, investment, and value-added exports.
Dr. Gebreil explained that the current phase requires shifting the foundations of the economy from a model based on consumption and imports to one centered on investment, domestic production, and exports. He said the Ministry of Finance is working to create a conducive business environment and remove obstacles facing investors, in addition to developing the banking sector to ensure the provision of necessary financing for the private sector, with particular emphasis on small and medium-sized enterprises as a key driver of employment.
The minister noted that the current account has recorded a notable improvement, with the deficit declining from about $6 billion in 2024 to around $5 billion in 2025. Despite the existing challenges in the external sector and limited foreign-currency inflows, he stressed that increasing production and exports is a strategic priority for ensuring exchange-rate stability and securing foreign currency.
Dr. Gebreil outlined four key pillars of the ministry’s strategy aimed at restoring economic stability, reforming public finances, empowering the private sector, and financing recovery and reconstruction.
He explained that the first pillar is restoring economic stability through managing the general budget, unifying the exchange rate, and creating a conducive banking environment.
The second pillar is public finance reform through maximizing revenues, rationalizing expenditure, and strengthening governance and transparency.
The third pillar focuses on empowering the private sector and improving the investment environment, alongside directing credit toward productive activities.
The fourth pillar focuses on financing recovery and reconstruction by mobilizing domestic and external resources to support development priorities, infrastructure, and basic services.
The Finance Minister reiterated that economic recovery cannot be achieved through government efforts alone, calling on the private sector to play a leading role in rebuilding the economy.
He also commended the role of international and regional development partners in providing technical assistance and capacity building, affirming that Sudan seeks to transform its economic resilience into sustainable investment-led growth that improves citizens’ well-being and contributes to job creation.
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