Strict Government Plan to Rescue the Economy and Crack Down on Smuggling Mafias

The Minister of Minerals, Nour Al-Dayem Taha, chaired a joint meeting to discuss gold purchasing and export policies. The meeting included the Governor of the Central Bank of Sudan, Amna Mirghani, alongside representatives from the Ministry of Finance, several state-owned enterprises, and relevant security agencies.

The meeting reviewed national gold production volumes and explored effective mechanisms to enhance oversight of the sector. Discussions also focused on intensifying anti-smuggling efforts and ensuring that gold flows through official channels up to the export stage, thereby supporting the public treasury and boosting the state’s foreign currency reserves.

Furthermore, the meeting addressed the Ministry of Minerals’ plan to regulate and formalize traditional (artisanal) mining, mitigating its environmental, economic, and security impacts to maximize the sustainable utilization of the country’s mineral resources.

Participants praised the policies and measures recently issued by the Central Bank of Sudan regarding amended regulations for purchasing and exporting free gold, organizing the operations of mining waste (tailings) companies, and incentivizing export proceeds. They emphasized that these measures would directly contribute to increasing gold exports and maximizing revenues for the national economy.

The meeting underscored the vital importance of joint coordination among relevant authorities to protect natural resources, tighten control over the gold sector, and prevent any practices detrimental to the national economy, thereby supporting economic development, stability, and foreign exchange reserves.

The Minister of Minerals indicated that the ministry is moving forward with policies and reforms aimed at developing the mining sector and raising its efficiency to secure the highest possible returns for the national economy and bolster gold’s contribution to supporting Sudan’s financial stability.