The Joint Meeting of the Sovereign Councils and the Council of Ministers Approve the Budget for the Year 2020

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The Joint Meeting of the Sovereign Councils and the Council of Ministers Approve the Budget for the Year 2020

The joint meeting of the Transitional Sovereign Council and the Cabinet in the Republican Palace this evening approved the budget for the year 2020, and it passed several laws accompanying it. The Minister of Culture and Information, spokesman for the government, Mr. Faisal Mohammed Salih, said in a press statement that the budget was modified yesterday after a joint meeting between a committee of the Council of Ministers headed by the Prime Minister and the Minister of Finance and the leaders of the Forces of Freedom and Change and the budget was modified by freezing the process of lifting subsidies for its discussion through an economic conference to be held Next March to study all issues of the Sudanese economy, including the lifting of subsidies

Mr. Faisal added that the draft laws approved by the joint meeting included a draft national budget law, a draft law on revenues and expenditures and the acquisition of financial and non-financial assets for the year 2020And the Revenue Allocation Bill for 2020, and the Value Added Tax Bill Amendment 2019The draft capital gains tax law amended in 2019And the income tax law amended in 2019