Sudan Earns $2.57 Billion out of its Mineral Exports
24 June, 2016KHARTOUM (Sudanow.info.sd) – An official report said Sudan's mineral exports for the outgoing fiscal year has brought 2.57 billion dollar to the government coffers.
The report, submitted to the Council of the Minister of Minerals on Thursday according to local newspapers including al-Youm al-Tali, has indicated the sum was equivalent to 83% of the non-petroleum exports which earned 3.1 billion dollars.
The growth rate of the minerals sector has reached 10.32 representing the highest growth rate compared to other components of the industrial sector, the report said, attributing the increase to rise in gold production.
According to Minister for Minerals Dr. Ahmed Mohamed Sadiq al-Karori Sudan’s gold production has increased from 73.4 tons in 2014 up to 82.3 tons in 2015.
Focus on minerals sector intensified as a result of the economic crisis that followed the secession of South Sudan in 2011 and loss of the petroleum proceeds that used to bring over 50% of the national income.
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