Home | News    Monday 16 March 2020

Sudan annual inflation rate rises to 71 pct in February

separation
increase
decrease
separation
separation

A Sudanese street vendor sells fruit in Khartoum on June 21, 2016 during the fasting month of Ramadan (AFP photo)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)

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.
  • 17 March 08:28, by Fathi

    Smh. It’s only going to get worse for the next couple of months to a year if we even last that long. Good luck getting help in the donor conference with all this Corona bs. I bet we will get like 2 billion max.

    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


Do Not Provoke a Sleeping Dog: Response to Dr Lam Akol 2020-04-04 14:35:55 By: Josephine Joseph Lagu Recently, Dr. Lam Akol Ajawin, leader of the National Democratic Movement, NDM has been at arms with the South Sudan Opposition Alliance (SSOA), making media statements (...)

How we should look at the relationship between the two Sudans 2020-04-04 08:28:35 I dedicate this contribution to martyrs and friends, and especially to our leader Dr John Garang De Mabior, Yousif Kuwa Mekki, Mohamed Juma Nail, Hashim Abubakr, Mohamed Ahmed Omar Al Haboub, (...)

Of Peacekeepers and Pandemics 2020-04-03 07:43:49 By Jean-Pierre Lacroix The COVID-19 pandemic is also developing in countries marred by armed conflict. In an op-ed featured in Le Monde, the head of United Nations Peacekeeping, Jean-Pierre (...)


MORE






Latest Press Releases


S. Korea supports UN communities building resilience project in Sudan’s Blue Nile 2019-09-09 09:26:41 UNDP Sudan September 5, 2019 (KHARTOUM) - An agreement was signed on 5th of September between the Korean Ambassador, His Excellency. Lee Ki-Seong and Dr. Selva Ramachandran, Resident (...)

Sudanese lawyers and Human rights defenders back calls for civil rule 2019-04-26 10:22:06 Press statement by 55 Sudanese lawyers and Human rights defenders on Sudan Sit-in and Peaceful Protest Khartoum -24/04/2019 We, the undersigned (55) Sudanese lawyers and human rights defenders, (...)

South Sudan’s Lafon youth condemn killings of civilians by Pari community 2019-04-03 21:54:29 Press Statement on the Fighting between Pari/ Pacidi and Lotuko/Lokiri on 24/3/2019 Release by The Lafon County Youth Union: We, the Lafon County Youth Union hereby condemn the atrocities and (...)


MORE

Copyright © 2003-2020 SudanTribune - All rights reserved.