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Prof. Bob appreciates wheat focusing-price increase's decision.

2018-10-02 18:52:13.000 | view 3 | share : |

Khartoum, October 2 (SUNA) - Professor of Economics at El-Nilein University Dr. Essam-Eddin Abdel-Wahab Bob has affirmed the decision of the Prime Minister and Minister of Finance and Economic Planning Mutaz Musa on the increase of the wheat crop's focusing- price for the farmers of Gezira Scheme from 750 to 1800 pounds. Prof. Bob said, in a statement to SUNA, that the decision would have positive returns on farmers' incomes and encourage them to increase production and productivity during the coming agricultural seasons. He added that the Minister of Finance, by taking this decision, proved that he farsighted than all ministers who preceded him at the Ministry of Finance and who were looking for the agricultural sector as a burden on the economy and spending on it meant an economic risk, stressing the need to support this decision to exempt all inputs of agricultural production from customs and taxes. He warned against the consequences of printing more currencies because they exacerbate the inflation rate and reduce the real gains of farmers, especially that there are measures and policies underway to review the policies of drying liquidity and motivate citizens to bring more cash to banks.

BH/BH

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Publication:Sudan News Agency
Date:Oct 2, 2018
Words:221
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