Inflation Soars To 99% In Sudan As Food Prices Rise
PHOTO USED TO ILLUSTRATE STORY: A kitchen worker prepares hot meals at Thava Indian restaurant, at The Gardens, for the daily food distribution in an informal settlement in Tembisa, Johannesburg, on April 24, 2020. Luca Sola / AFPhowed Saturday, more than a year after the country was rocked by protests sparked by bread price hikes.
The inflation rate in April shot up from 82 percent the previous month due to increased prices of grains, meat, milk and bread, according to the Sudanese Central Bureau of Statistics. Despite Sudan’s political transition, which has raised hopes of more reforms, the economy remains in deep crisis. Soaring inflation, a scarcity of foreign currency and a huge public debt are among the country’s most pressing challenges.A tripling of the price of bread was the trigger for the first street protests against long-time autocrat Omar al-Bashir in December 2018.Last month, Sudanese authorities announced an increase in bread prices, meaning one Sudanese pound now buys only a 50-gram loaf of bread, compared to one weighing 70 grams previously.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How we're assisting Nigeria to avert food crisis — World Food Programme - Premium Times NigeriaSome 7.9 million people in Nigeria are in need of humanitarian assistance in 2020, but WFP warns that the coronavirus crisis could double that figure.
Read more »
Rising singer BYT has no role model - The Nation NigeriaNIGERIAN rising singer Olotu Adebayo aka BYT has said that he does not have a role model in the music industry, unlike other rising artists....
Read more »
COVID-19: Brazil’s Health Minister resigns after one month on the jobBrazil’s Health Minister Nelson Teich resigned after less than one month on the job, as COVID-19 infections continue to soar in the country, his ministry said on Friday.
Read more »
Lagos Govt To Commence Distribution Of Food To Primary School Pupils At HomeLagos Govt To Commence Distribution Of Food To Primary School Pupils At Home
Read more »
COVID-19: Enugu govt, federal agencies donate palliatives to vulnerable church groupsThe food items presented include rice, oil, tomato paste, semovita and noodles, among others.
Read more »
Food items: Police ease movement ban as Northerners sue WikeThe Police Command in Rivers State has assured free movement of agricultural produce into and outside the state. The development coincides with the Northern community's suit against Governor Nyesom Wike over the arrest of livestock, farm products and trailer drivers. Commissioner of Police, Joseph Mukan, on Thursday, gave the assurance of easy transportation in Port
Read more »