Finance Minister reviews with TDB opportunities for financing development projects

Minister of Finance and Economic Planning Dr. Jibril Ibrahim reviewed, at his office today, with the delegation of the Eastern and Southern African Trade and Development Bank (TDB), led by its President Emeritus and Managing Director Admassu Tadesse, the Economic opportunities in the financing sector in Sudan and the possibility of converting them into development projects that drive Sudan economy to achieve the required growth.

Tadesse said that the opportunities available in the country in each of the banking, credit and agricultural sectors naturally serve to stimulate investment in Sudan, explaining the bank’s desire to enter the financing and trade sector through smart partnerships with the state.

TDB Managing Director added that the bank spread regionally and globally and has a good reputation and strong global banking relations. He affirmed that TDB entry to Sudan would add value to the banking sector, especially credit, which will open the door for Sudan to integrate to the global banking systems, which lead to facilitation of trade and economic growth.

Minister of Finance, for his part, shed light on the business sector in general, speaking about the macroeconomic indicators in the country and how the TDB can contribute to the sectors related to development.

Dr. Jibril revealed that Sudan desires the Bank’s contribution to infrastructure projects, which are considered crucial in supporting the export and import sectors, which are based on trade.

The Minister praised the Bank for its constant endeavors in supporting Sudan in all forums, stressing Sudan’s desire for permanent and continuous cooperation with the TCB for the benefit of both sides.