Home | News    Thursday 1 May 2014

Half of Sudan’s population living below the poverty line: World Bank

separation
increase
decrease
separation
separation

April 30, 2014 (KHARTOUM) – The World Bank’s (WB) country director for Somalia, Sudan and South Sudan, Bella Bird, said that half of Sudan’s population is living below the poverty line and noted that the percentage of poor people in the capital Khartoum has increased by at least 25%.

JPEG - 19.1 kb
The World Bank’s country director for Somalia, Sudan and South Sudan, Bella Bird (Ashorooq TV)

The WB agreed on 10 April to establish a $100 million extraordinary fund for donors in order to finance development projects in Sudan until December 2019, while the Sudanese government this year committed $5 million to the fund to help finance development projects.

At a press conference in Khartoum on Wednesday, Bird underscored the need for Khartoum to meet the economic challenges and contribute to poverty reduction, pointing out that $10 million have been allocated for education and natural resources.

Sudan is required to draft and implement a poverty reduction strategy in order to secure debt relief from creditors.

In a related issue, Sudan’s state minister at the ministry of finance, Magdi Hassan Yassin, predicted that Sudan’s economy would grow by 0.2% during the year.

He further underscored the government’s ability to overcome current economic difficulties.

Sudan’s economy was hit hard after the South declared independence in July 2011, taking with it about 75% of the country’s oil output.

The Sudanese pound has lost 100% of its value since South Sudan’s secession, pushing inflation rates to record levels given that the East African nation imports most of its food.

(ST)

Comments on the Sudan Tribune website must abide by the following rules. Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

- No inciting violence
- No inappropriate or offensive language
- No racism, tribalism or sectarianism
- No inappropriate or derogatory remarks
- No deviation from the topic of the article
- No advertising, spamming or links
- No incomprehensible comments

Due to the unprecedented amount of racist and offensive language on the site, Sudan Tribune tries to vet all comments on the site.

There is now also a limit of 400 words per comment. If you want to express yourself in more detail than this allows, please e-mail your comment as an article to comment@sudantribune.com

Kind regards,

The Sudan Tribune editorial team.
  • 1 May 2014 07:18, by South South

    Fake Arabs, will you use funds non-Muslim country to safe your necks. You people have not seen anything yet. Poor fake Arabs.

    repondre message

  • 1 May 2014 07:41, by Observer

    Shame on our government for allowing half of our people to starve whilst they build unnecessary fancy buildings for themselves, and spend more than 85% of the budget on security and military instead of health and education.
    I suppose they will be all now thinking of ways they can steal the 100 million dollars for themselves and families.
    Shame shame shame!

    repondre message

  • 1 May 2014 08:29, by Kalo

    All funded used for military to killed their own people while fear to confront country like Egypt that took Halif by forced,hiring foreigners like Malian,Niger,chad,Eritrean,Iranian etc while the people of Sudan are suffering, only a few individuals in Sudan are benefiting from the resources of Sudan,shame on you.

    repondre message

Comment on this article


 
 

The following ads are provided by Google. SudanTribune has no authority on it.


Sudan Tribune

Promote your Page too

Latest Comments & Analysis


What do we expect from the final South Sudan Peace Talks? 2015-02-27 08:41:32 By Luka Biong Deng As the alleged final and last round of peace talks on South Sudan commenced in Addis Ababa, the people of South Sudan attach little hope and expect nothing as they have been (...)

The Berlin Meeting: What’s at stake? 2015-02-25 11:33:06 By the Sudan Democracy First Group (SDFG) Between 25 and 27 February, Berlin will become the hub for the Sudanese unarmed and armed opposition, invited by the German Foreign Ministry and the (...)

Can a democratic government extend its own life? 2015-02-23 07:32:25 By Dr Lam Akol Last Thursday, the government tabled before parliament an amendment bill in order to amend the Constitution for the Government to extend its life for two more years. In a (...)


MORE








Latest Press Releases


Archbishop Taban calls for reconciliation and forgiveness 2015-02-23 09:30:38 February 2015 Greetings from Peace Village, Kuron. It is really a Peace Village. I had my peaceful Christmas and a Prosperous New Year in Kuron. God really blessed the area with Peace. You can (...)

WFP appreciates US additional support for S. Sudan’s hungry 2015-02-19 08:20:15 17 February 2015 (JUBA)- The United Nations World Food Programme (WFP) has welcomed a contribution of US$165.5 million from the United States Agency for International Development (USAID) to feed (...)

Press Release from the SPLM/A (IO) in Uganda 2015-02-11 09:39:09 February 10, 2015 1. The office of the SPLM/A (IO) and the presence of its diplomatic representation that was established under the Kampala outcome of the 21st August 2014 is operational and has (...)


MORE

Copyright © 2003-2015 SudanTribune - All rights reserved.