Khartoum, Feb. 21 (SUNA)- The U.S. Embassy here has welcomed the civilian-led transitional government’s decision to move forward today with exchange rate reform.

The embassy said in statement it issued today that “this decision paves the way for debt relief and significantly increases the impact of international assistance, much of which previously had to be spent at an official exchange rate, delivering only a fraction of its potential value to the Sudanese people.”

It added the government’s decision also would greatly help Sudanese companies and increase international investment, as both local and foreign companies will no longer encounter difficulties doing business in Sudan because of the dual exchange rate.

HA/BT

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