banking

World Bank Country Director briefed on private sector constraints

February 15, 2021

Khartoum, Feb. 14 (SUNA) - Chairperson of the Sudanese Businessmen and Employers Federation Eng. Hashem Salah Hassan Matar met at his office here today with the Country Director of the World Bank, Ousmane Dione.

The meeting discussed the role of the private sector in development in the new phase after Sudan’s return to the international economic system and its removal from the list of countries sponsoring terrorism and obstacles facing achieving its required role, and how the World Bank can contribute through its various mechanisms in supporting its productive, service and commercial sectors.

This is besides facilitating benefitting of the private sector from the financing opportunities of the various funding institutions.

The chairperson of the federation said in a statement to SUNA that the meeting with the Country Director of the World Bank was successful and fruitful in which views were exchanged on the bank’s role to support and strengthen the national private sector by focusing on technical support.

He pointed out that he briefed the World Bank official on the role of the federation after the glorious December Revolution and the efforts made to restore confidence between the union and its membership, and to promote external openness and integration into the global economy following the lifting of economic sanctions on Sudan.

Matar indicated that the meeting also reviewed a number of obstacles encountered by the various business sectors in performing their required role to support the national economy, pointing out that agreement was reached on the importance of sustaining communication between the World Bank and its various institutions interested in business sectors and the Federation to implement joint plans and programs to contribute to strengthening the national private sector.

suna



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