The Council of Ministers confirms its commitment to the rationalization of imports and to give priority to the goods

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The Council of Ministers confirms its commitment to the rationalization of imports and to give priority to the goods

The Council of Ministers held its regular meeting on Thursday morning, 31 /May/ 2018 under the chairmanship of the FVP ,prime ministerof the Council of Ministers  first let,Gen  Bakri Hassan Saleh, kicking off the meeting by welcoming the presence of the prime minister who joined the Council of Ministers, grateful effort WHO distinguished council has received a report from Mr. Majdi Hassan Yassin, Minister of State for Finance and Economic Planning on the national government budget performance report for the first quarter of 2018m and in accordance with the actual performance of the growth rate of GDP was estimated at 4%, compared to 4.4 for the year 2017, the inflation rate rose from 33% to 54% compared to the same period last year, due to the widening of the gap between the official price and the price in the parallel market and the high import costs down the deficit in the balance of to 934 million dollars (947) million for the same period last year, the State has committed itself to the following policy during the past period, to continue the program of institutional reform and activate the administrative efforts in tax collection the collection of fees electronically, and has represented the most important challenges that faced the budget in exchange rate policy and continued support of oil and the cost of supporting the life-saving medicines and the decline in non-oil exports and the continued smuggling of goods.
 
The Council of Ministers confirmed that this year's budget address structural imbalances and problems list, that the commitment to support the production, productivity and stability in the price of the national currency and reduce inflation rates, with the preservation of the security and safety of the home is the goal of the government Strived.
Kamal confirmed its commitment to the rationalization of imports to give priority to the goods, a mix of production inputs and directed to continue to redirect government spending priorities identified in the budget, which cover specific areas that support production issued by the competent organs to exert greater efforts to combat the smuggling of gold and commodities to increase the country's reserves of foreign exchange.