Central Bank Aims to Reducing Inflation to 27.1%

2019-01-01 16:51:44.000 | view 752 | share : |


Khartoum, Jan. 1 (SUNA) – The Central Bank of Sudan's policies for 2019 aim to achieve monetary and financial stability for achieving sustainable growth by restraining inflation and reaching an annual rate of 27.1% to contribute to achieving a real GDP growth rate of 5.1%.

At a press conference held Tuesday at SUNA, the Governor of the Central Bank of Sudan, Dr. Mohamed Khair Al-Zubair, reviewed the banking policies of the Bank in the year 2019, which set nine objectives of its fiscal policy for 2019 by curbing inflation to each 27.1%, stabilizing the exchange rate, boosting the trust on the Banking sector, and strengthening the foreign exchange resources to achieve financial stability.

He revealed the continuation of electronic payment policies and the addition of 1850 ATMs and 500 thousand electronic points of sale during the year 2019.