April 20, 2026 (KHARTOUM) – Abbas Ali al-Sayyid, the Secretary-General of the Federation of Sudanese Industries, urged on Monday for a stringent government austerity plan and the redirection of assets confiscated from the Rapid Support Forces (RSF) towards supporting productive sectors.
In an interview with Sudan Tribune, al-Sayyid stated that the nation’s unique situation necessitates a two- to three-year austerity strategy. This would involve reducing government expenditures and discontinuing “prestige spending,” like expensive official vehicles and costly dollar leases for inactive foreign embassies.
He called on the government to confiscate RSF assets and property inside Sudan, as well as track down stolen funds overseas, in order to support industrial growth. Prior to the conflict, the RSF had control over substantial real estate and financial entities, such as the Animal Resources Bank and Gulf Bank.
Al-Sayyid emphasized the significant effect of the conflict on the industrial sector, pointing out that 70% of activities have come to a halt. Around 3,493 industrial establishments have been impacted, with more than 1,800 experiencing substantial damage and several dozen entirely destroyed.
The head of industry also advocated for a robust, autonomous anti-corruption agency and tax changes that would incorporate the informal sector. He proposed channeling daytime power to manufacturing facilities while increasing solar energy for home use to reduce pressure on the national electricity grid.
Provided by SyndiGate Media Inc.Syndigate.info).
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