The Sudanese government is considering cash transfers to poor people to subsidize access to food, Prime Minister Abdalla Hamdok (pictured) announced this week.
According to the official, this measure could enable the poorest citizens to meet their needs for basic necessities such as food, fuel, and medical services. It will also enable people to meet their educational needs.
“The issue of subsidies is one of the most important and biggest challenges,” Hamdok said. This announcement comes in a tense economic context marked by a shortage of foreign exchange and rising inflation. Last April, long demonstrations following the shortage of bread, fuel, and medicines, and the sharp rise in prices had led to the ousting of former President Omar al-Bashir.
Let’s note that the Soudanese government, which is trying to mobilize more than $8 billion from international donors to revive its economy, announced last September that it would implement an emergency program to revive the economy in 200 days.
Moutiou Adjibi Nourou
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...
MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...
Public Eye claims over 90% of Cerelac samples in Africa contain added sugar, averaging 6 g per por...
Attack risks internet disruptions; investigation launched near Massakory EU-funded project aims ...
China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...
UK unveils £50M plan to secure critical minerals supply by 2035 Strategy includes partnerships abroad, with focus on Africa's mineral potential UK...
Guinea-Bissau holds presidential, legislative elections amid political fragility President Embaló seeks second term; 65% voter turnout reported IMF...
U.S. Exim to unlock $100B for critical minerals, gas, nuclear projects Egypt gets $4B credit guarantee to secure U.S. gas amid output...
U.S. may launch new $500M cobalt tender by end-November DRC lifts export embargo; Glencore authorized to ship 3,925 tons Global cobalt prices...
Hidden deep within the Arabuko-Sokoke Forest on Kenya’s coast near Malindi, the ancient city of Gedi stands as one of East Africa’s most intriguing...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...