Sudan’s Newly-appointed Finance Minister Rejects Post

0
219
President of Sudan Omar al-Bashir,
Buy ebooks on health & fitness leaderboard banner.jpg

Abdullah Hamduk, named as finance minister in Sudan’s new administration, has formally declined the appointment, state news agency SUNA reported on Saturday.

 

Hamduk was the former executive secretary of the United Nations Economic Commission for Africa.

Sudan’s President Omar al-Bashir instead tasked Prime Minister Moataz Moussa Abdullah with managing the affairs of the finance ministry, SUNA said later on Saturday.

2016 Hot Business Ideas

Bashir named the new prime minister this week and said the number of ministers in a leaner government would be slashed by a third to cut government spending as the economy grapples with soaring inflation and an acute hard currency shortage.

Khartoum has been trying to slash expenditures as it grapples with inflation that hit about 64 percent year-on-year in July and a hard currency shortage that has given way to intermittent shortages in staples like fuel and bread.

 

Bashir’s ruling party said last month that it plans to nominate the longtime ruler for re-election in 2020, a move that requires amending the constitution

REUTERS

https://www.reuters.com

ALSO READ   Pay Us Before We Die,Pensioners Tells FG

LEAVE A REPLY

This site uses Akismet to reduce spam. Learn how your comment data is processed.