Sudan Financial Services Company Board Directs Issuance of New ‎Securities to Manage Liquidity and Finance Budget Deficit

CBOS

Khartoum, (Nabaa Sudan) – The Board of Directors of the Sudan ‎Financial Services Company has directed the expedited issuance of ‎new securities to manage liquidity through open market operations, ‎alongside the use of government securities to finance the budget ‎deficit, following the model of Shahama certificates, in coordination ‎with the Ministry of Finance.‎

The Board, chaired by Central Bank of Sudan Governor Amna Mirghani ‎Hassan Al-Tom, discussed the issuance of the Gold Certificate and ‎sukuk for banks. It also recommended approving an increase in the ‎company’s capital and submitting the proposal to the General ‎Assembly for final approval.‎

Sudan#Nabaa_Sudan#Nabaa

Exit mobile version