Sudan's Economic Recovery Amid Ongoing Conflict
Sudanese Finance Minister Jibril Ibrahim recently addressed the dire economic situation in Sudan, revealing that the war has inflicted losses on public and private facilities that could reach hundreds of billions. During an interview from Beijing, where he is attending the China-Africa Forum, he expressed optimism about Sudan's economic recovery despite the ongoing conflict. The government has signed several agreements with Chinese institutions in various sectors, including infrastructure, petroleum, and electricity.
Strengthening Ties with China
Ibrahim emphasized the importance of reviving Sudan's relations with China, which had faltered following the fall of former President Omar al-Bashir. He noted that the current Sudanese administration is focused on establishing strategic partnerships with China that would benefit both nations. The Minister highlighted the historical ties between Sudan and China and how recent visits by Sudanese officials have helped rekindle this relationship. He stated,
Sudan pays special attention to its historical relations with China, and seeks to develop them into strategic partnerships that benefit both parties in all fields.
Challenges Ahead: War and Economic Rebuilding
Despite the optimism, Ibrahim acknowledged the significant challenges ahead. The war has led to a 90% decline in electronic revenue collection, and oil and gold production has also dropped alarmingly. He pointed out that the assessment of losses is complicated due to ongoing conflict, making it difficult to provide accurate figures. However, he remains hopeful for support from friendly nations in the form of grants and loans, which are crucial for Sudan's economic recovery. Ibrahim's remarks reflect a broader sentiment among Sudanese leaders who are determined to overcome the current turmoil and rebuild the nation.
