However, the government met on Saturday with the former opposition which helped bring down veteran ruler Omar al-Bashir in April and agreed to not implement the decision until a conference in March where economic reforms will be discussed, information minister Faisal Saleh told Reuters.
The removal of fuel subsidies is sensitive as it would hit a population suffering for years from economic crisis and high inflation. Complicating Sudan’s recovery is its inclusion on the United States’ list of state sponsors of terrorism. That designation has so far blocked Sudan from tapping the International Monetary Fund and World Bank for support.
Finance Minister Ibrahim Elbadawi said on Friday the transitional government plans to remove fuel subsidies gradually in 2020. He also said public sector salaries would be doubled to ease the impact of galloping inflation.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cloudy conditions forecast for KZN - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The South African Weather Services says KwaZulu-Natal can expect a cloudy day throughout the province.
Source: SABC News Online - 🏆 32. / 51 Read more »
South African polar research vessel to set sail on Friday - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.South Africa's dedicated polar research vessel, the SA Agulhas, with environmental scientists on board will set sail from Cape Town to the Antarctica on Friday. I hope they can find a way to re freeze the ice caps and reverse this global warming, otherwise sisemasimbeni
Source: SABC News Online - 🏆 32. / 51 Read more »
Cyclist Nic Dlamini recovering in hospital after scuffle with rangers - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Top South African cyclist, Nic Dlamini, is recovering at a hospital in Cape Town after undergoing surgery on his broken arm. Naye what was he thinking fighting rangers, non south Africans aziva with their kidz What was he doing there without a permit, his pride n arrogance landed him in that situation now this level of lawlessness is being praised, may the lord be with those officials in this difficult time 🤲 Sad news!
Source: SABC News Online - 🏆 32. / 51 Read more »