World Bank to Provide Technical Support to Sudan

SMC-

The World Bank Group (WBG) would provide the necessary technical assistance to tackle the economic challenges facing Sudan, according to  Country Manager to Sudan, Adama Coulibaly.

On Sunday, Finance Minister Mohamed Osman al-Rikabi has briefed the visiting WBG team headed by Coulibaly on the economic reforms implemented in Sudan.

In press statements following the meeting, al-Rikabi said the WBG team is visiting the country to learn about the economic reforms undertaken by the government and the required technical support.

For his part, Coulibaly pointed to the great progress being made in the implementation of the government’s anti-poverty strategy.

He said the WBG would increase the number of its staff in Sudan in order to provide the necessary technical assistance to meet the economic challenges facing Sudan.

According to Coulibaly, the technical support would cover a number of areas especially those pertaining to public finance management, financial systems and economic planning.

The meeting also discussed the need to develop the private sector to contribute to the economic recovery as well as the long-term economic growth.

Economists attribute the deteriorating living condition and economic meltdown to corruption, lack of production policies, and lack of economic reform vision following the secession of South Sudan.