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[size=45][size=41]Parliamentary Finance rules out a change in the value of the dinar against the dollar in the budget[/size]
16 hours ago
1,543
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16 hours ago
1,543
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The Parliamentary Finance Committee ruled out a change in the value of the dinar against the dollar in next year’s budget, pointing out that the price of a barrel of oil will not be the same as its predecessor in the budget, especially with the increase in global prices.
Committee member Jamal Ahmed said in a press interview seen by "Progress", that "there is an urgent need to make changes in the investment budget to suit the actual need of the country in order to implement the government program of the Sudanese government."
He added that "the dollar's exchange rate in the budget will remain fixed without making any change, especially since the central bank is responsible for this policy and has made clear its opinion on this issue."
And he indicated that “the price of a barrel of oil in the budget will change from its predecessor, and it is likely that it will be lower than the price offered in the global markets,” pointing out the importance of “putting a reserve price of oil in the budget, especially since global markets may witness an increase in the quantities supplied of oil.”
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