The Sudanese government has decided to rejuvenate an existing fund, which will ease the social effects of the country's economic liberalization program, the state-run Sudanese News Agency reported.
According to Finance Minister Abdel Rahim Hamdi, the council of ministers will have to approve the use of the fund, which currently is worth about $40 million, and is likely to be increased in size if the green light is provided.
Hamdi said that the existence of the funds is vital both in attracting foreign investors, who may be concerned about social unrest in the country, and in protecting ordinary Sudanese who could be disadvantaged as a result of the liberalization program. ― (MENA Report)
© 2001 Mena Report (www.menareport.com)
