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Sudan doubles fuel prices

28 October، 2020
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A picture from a petrol station in Khartoum

According to its statistics office, inflation in Sudan soared last month to a record 212 percent.

Tires are pictured ablaze as Sudanese protesters take to the streets on October 21, 2020 in Khartoum and neighbouring cities against a worsening economic crisis. (Photo by AFP)

Sudan announced a doubling of fuel prices on Tuesday, adding to hardships in a country faced with record-breaking inflation.

“The government is increasing fuel prices,” Khairi Abdel Rahman, the deputy energy minister, told a news conference in Khartoum, announcing cuts in state subsidies with immediate effect.

He said the price of a litre of diesel was going go up from 23 Sudanese pounds ($0.41) to 46 pounds, and oil from 28 pounds to 56 pounds.

According to its statistics office, inflation in Sudan soared last month to a record 212 percent.

The local currency is in free fall in the import-dependent country, trading at between 240 and 250 pounds to the dollar.

That compares to 50 pounds when a transitional government took over following the April 2019 fall of autocrat Omar al-Bashir.

Sudan, in the midst of a fragile political transition, is counting on foreign investment following its lifting last week from a US list of alleged state sponsors of terrorism.

An announcement in December 2018 of a tripling of food prices sparked mass street protests that led to Bashir’s ouster four months later.

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