September 14, 2020-Economists have unanimously agreed that there are
counterfeiters, politicians, corrupt, and greedy merchants, who
intentionally destroy the Sudanese economy by buying foreign
currencies, specifically the dollar, in any price because some of them
obtained the national currency by “theft”, and others own machines
that counterfeit the Sudanese pound.
Experts have called on the transitional government to prevent any
commodity from entering the country unless it was bought with
“dollars” that obtained from the national banking system
Sudanese pound began gaining strength against the dollar immediately
after the government imposed strict economic measures against currency
dealers, however, one dollar fell to 190 pounds, compared to 260
pounds last week.
This coincides with the arrest, yesterday, of a well-known currency
dealer ,on a plane that was on its way to Turkey, and the announcement
of the transitional government, last Thursday, to impose a state of
economic emergency and to raise the penalty for currency dealers from
5 years imprisonment to 10 years.
Economic expert, Dr. Abdel-Azim Al-Mahl, regrets that the Sudanese
economy does not follow the laws of the economy, which he said was
evident in its unaffectedness by supply and demand factors, which
resulted in an increase in the price of the dollar that is controlled
by the major monopolies and the major interests, and they are the
money laundering mafia of counterfeiters , corrupt politicians and
greedy merchants.
Abdel-Azim emphasized that this “mafia” buys dollars at any price to
smuggle it abroad, and that they are investors in telecommunications
companies and other sectors.
Al-Mahl warned of national importers who are smuggling exported goods
to benefit from the dollar abroad, as if they are obtaining it abroad,
just as the dollars of expatriates do not enter the country, but go to
the UAE and from there to China and Japan, and come in the form of
imports, due to the absence of accountability in the ports and
airports.
In a statement to Darfur 24, Dr.Al-Mahl, advised the government that
any commodity should be prevented from entering the country unless it
was bought with a dollar from inside the banking system.
The prominent administrator of the Central Bank of Sudan, Muhammad
Esmat, advised the government to completely liberalize dealing in
foreign exchange, restrict imports, and restrict them to special
preferential policies, while encouraging exports, and obliging each
exporter to return the proceeds of his exports to the country until
the situation straightens and then gradually consider policies that
allow freedom of Circulation.
Khalafallah said that the decision to float the pound in light of the
scarcity of foreign exchange within the Central Bank of Sudan made the
market according to supply and demand, so speculators and currency
traders took control of foreign exchange, so the prices of goods and
services increased and was reflected in inflation.
It is worth noting that the national economy has lost direct and
indirect revenues estimated at about one trillion dollars, due to the
era of corruption that it lived during the era of the former regime
led by the ousted Omar Al-Bashir.
ssssssSudan’s external debts exceeded $ 60 billion, with the
depreciation of the Sudanese pound, which is being traded on the
parallel market, until Sunday, at 200 pounds per dollar.