The Sudanese government will increase fuel prices in the country, Khairy Abdel-Rahman, the Minister of Energy and Mines reported.
According to the official, prices will be doubled. The pump price of locally produced diesel will rise to 46 Sudanese pounds ($0.8364) per liter from 23 pounds previously while the price of gasoline will increase from 28 to 56 pounds.
According to the authorities, the new measure, which comes into effect immediately, is aimed at reducing the state budget deficit. However, at a time when the country is going through an economic crisis manifested by high inflation, a shortage of necessities, and a depreciation of the national currency, this decision could anger many Sudanese who have already been impoverished by the long years of mismanagement by the al-Bashir regime.
For several years now, Sudan has always practiced a policy of subsidizing petroleum products, which has enabled the population to have access to cheaper fuel. However, this strategy has put a heavy strain on public finances and contributed, according to several analysts, to the economic crisis that led to the fall of General Omar al-Bashir in 2019.
As part of an IMF-led reform program, the country decided to "reform energy subsidies to create room for increased spending on social programs. The government also decided to allow importers to increase the price of imported fuel, up to 106 pounds per liter for diesel and 120 pounds for gasoline, well above the price of domestically produced fuel.
Moutiou Adjibi Nourou
Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...
Four major operators—Mauritel, Mattel, Rimatel, and Chinguitel—submitted a combined bid of ...
(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...
Nigeria, Nestlé sign MoU for dairy training center in Abuja Center to train farmers in breeding, ...
Operators review 2025 investments, outline 2026 expansion plans Consumer complaints persist...
Growth driven by private investment and stronger external inflows Primary surplus and tax revenues show marked improvement IMF lowers 2026...
Uganda appoints Citibank to arrange $3.19 billion railway financing Project links Kampala to Kenya border, boosting regional trade...
Cellcom Guinea workers protest layoffs, unpaid salaries, unmet commitments Union demands audit, warns of possible administration or...
Diamond downturn pushes Botswana to accelerate diversification New partnerships with Oman, Qatar, and France target untapped resources Large...
Fally Ipupa plans a two-part album project combining urban sounds and traditional rumba. The first album “XX” releases on April 17, while “XX Delirium”...
MASA 2026 gathers artists and industry professionals from over 28 countries in Abidjan. The event features 99 performances across market and...