Email
Print
Save
March 16, 2020 (KHARTOUM) - Sudan’s annual inflation rate in February hit to 71.36%, up from 64.28% in January 2020, said the Central Bureau of Statistics (CBS) on Sunday.
The CSB attributed the significant rise of 7.08% in February, to the increase in the prices of food and beverage especially the prices of bread, grains, meat, fats, oils and legumes.
The agency also noted the rise in the housing prices due to the increase of gas, coal, firewood and cement compared to January 2020.
The urban inflation increased from 56.71% in January to 61.86% in February, according to the report. While the rate of rural inflation increased to 78.51% in February, from 69.96% in January.
In September 2019, the transitional government announced a nine-month economic rescue plan to curb the rampant inflation as they asked the World Bank a $2 billion loan to ensure supplies of basic.
Also, Saudi Arabia and UAE stopped a pledged $3 billion grant to Sudan after continued criticism of their regional policy and rejection of their meddling in Sudan’s affairs by the ruling Forces for Freedom and Change.
The country is now awaiting a donor conference that would take place next June.
(ST)
Latest Comments & Analysis
The language Yoweri Museveni of Uganda understands 2021-01-26 06:42:42 By Lul Gatkuoth Gatluak Date: January 20, 2021 The focus of this article is to denote the type of the transitional process, dictators like Yoweri Museveni understand and force them out from the (...)
Darfuris call for protection in vain 2021-01-21 06:45:46 By Mohamed Osman “It is the same as in the old days,” Adam Rojal, a coordinator in an internally displaced community in Sudan’s Darfur region told me recently, describing ongoing violence from (...)
Invisible female victims of armed militia attacks in Darfur 2021-01-08 15:19:56 By SIHA Network* On October 19th 2020, an armed group burned down the IDP camps of Oum Assal, Babanousa and Om Zegerat in Gerida locality. Gerida locality is composed of a number of villages (...)
MORE