Sudan to postpone lifting of fuel subsidies: minister - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Sudan to postpone lifting of fuel subsidies: minister sabcnews

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.

 

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