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Sudanese Advisor: The Economic Reform Law Does Not Prevent The Participation Of The Private Sector In Financing Investment Projects
04/18/2023
1717
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04/18/2023
1717
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Earth News/ The Economic Adviser to the Prime Minister, Mazhar Muhammad Salih, indicated today, Tuesday, that the legislation of the Economic Reform Law, which was recently approved by the Council of Ministers, does not prevent the participation of the private sector in financing productive investment projects.
Saleh stated to Earth News Agency, "The priority of income-generating productive projects that employ the labor force in the annual government investment spending clause in the general budget will represent an accelerating revenue force that returns in the growth of future financing capacities and the degree of its availability, which makes (the desired or planned economic growth rate outperform the rate of growth of the planned deficit itself) and according to the (golden rule) in accelerated financing from the role of productive revenues and their own ability to meet spending requirements in general and investment spending in particular.
He added, “The legislation of the economic reform law, which was recently approved by the Council of Ministers, does not prevent the participation of the private sector in financing productive investment projects included in the investment platform in the budget, according to solid programs for national partnership between the public and private sectors, and the work rules and mechanisms of the economic reform law itself, which is The law that we await legislation from the House of Representatives sooner rather than later is to serve the higher economic interests of the country.
Mazhar Muhammad Salih,
economic advisor to the Prime Minister
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Saleh stated to Earth News Agency, "The priority of income-generating productive projects that employ the labor force in the annual government investment spending clause in the general budget will represent an accelerating revenue force that returns in the growth of future financing capacities and the degree of its availability, which makes (the desired or planned economic growth rate outperform the rate of growth of the planned deficit itself) and according to the (golden rule) in accelerated financing from the role of productive revenues and their own ability to meet spending requirements in general and investment spending in particular.
He added, “The legislation of the economic reform law, which was recently approved by the Council of Ministers, does not prevent the participation of the private sector in financing productive investment projects included in the investment platform in the budget, according to solid programs for national partnership between the public and private sectors, and the work rules and mechanisms of the economic reform law itself, which is The law that we await legislation from the House of Representatives sooner rather than later is to serve the higher economic interests of the country.
Mazhar Muhammad Salih,
economic advisor to the Prime Minister
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