Sudan gold exports hit $1.5 bln in 10 months

November 21, 2024 (PORT SUDAN) – Sudan’s gold exports generated $1.5 billion in revenue in the first ten months of 2024, a government official said on Thursday, as the country grapples with the economic fallout of a devastating conflict. Since fighting erupted earlier this year, gold has become a crucial source of income for Sudan. The fighting disrupted around 80% of public revenues, which are used to finance imports of essential commodities such as fuel and wheat and support the war effort. “The country’s gold exports through official channels continue to rise,” Mohamed Taher Omer, director of the Sudanese Mineral Resources Company, told the closing session of an economic forum. He said $

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Last updated : 22 Nov 2024 clock 02:04 PM

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