Sudan took steps to streamline commodities, imports during devaluation- minister

Reuters| Khartoum | Sudan

Updated: 21-02-2021 16:28 IST | Created: 21-02-2021 16:15 IST

Image Credit: ANI

Sudan's finance minister said steps had been taken to streamline strategic commodities and stop non-essential imports ahead of a sharp currency devaluation implemented on Sunday.

The government expects the devaluation to stabilise the exchange rate and attract foreign worker remittances and investment, as well as being a step towards debt relief, Finance Minister Jibril Ibrahim told reporters.

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