The government of national unity yesterday directed state owned companies to prepare themselves for privatization in the coming year as Khartoum prepares its economy ahead of the referendum vote.
The move came as the central bank failed to stop a rise in the US dollar against the Sudanese pound on the black market despite injecting foreign currency from its reserves to ease hard currency shortages.To cut the 14 percent inflation rate, the cabinet approved measures including reduction of luxury imports to try to control demand for foreign currency, SUNA news agency reported.
The cabinet also directed government owned companies to prepare for privatization next year.