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Economist calls for follow-up the Ovak decisions to resume banking transactions

July 12, 2018 10:27 am by: Category: Econonmy & Investtment Leave a comment A+ / A-

The researcher and economic analyst Dr. Haitham Mohamed Fathy Bank called on Center Bank of Sudan (CBoS) to follow up the recent decisions of Ovak and convince central banks in most countries to resume banking, financial and trade transactions with Sudanese banks.

Haitham said in a statement to SUNA that the current economic conditions are propitious to improving the exchange rate of foreign currencies against the national currency, pointing out that these conditions are the signing of the oil agreement with southern Sudan.

Haitham added that if the security situation stabilizes in the nascent state, the oil sector will become an important and decisive factor for achieving economic stability in both countries, in addition to enabling the country to recover its indebtedness to the State of Southern Sudan, estimated at more than two billion dollars.

There is also news about Qatari investments in amount of 500 million dollars and the Turkish $ 800 million, hoping that these investments are a promising start for the flow of more foreign direct investment as one of the most important sources of foreign exchange.

Dalia…

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Economist calls for follow-up the Ovak decisions to resume banking transactions Reviewed by on . The researcher and economic analyst Dr. Haitham Mohamed Fathy Bank called on Center Bank of Sudan (CBoS) to follow up the recent decisions of Ovak and convince The researcher and economic analyst Dr. Haitham Mohamed Fathy Bank called on Center Bank of Sudan (CBoS) to follow up the recent decisions of Ovak and convince Rating: 0

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