Economist calls CBOS to support banks


The economist Haitham Mohamed Fathi has stressed that the importance of the Central Bank of Sudan (CBOS) support to the Sudanese banks to help them meet the requirements of the next phase.

According to SUNA, Fathi said, that the next phase required CBOS to adopt a flexible expansionary economic policy that meets the needs of investors to attract more foreign exchange through creating favorable economic environment in the country by enacting laws that attract investment while encouraging openness to other economies.

He urged those who in charge of the management of the economy in the country to direct investment activity during the next phase in accordance with the priorities of the state, pointing out that the war must be stopped to achieve economic stability, calling for balancing between production and consumption in the macro-economy.