Sudan: SDFG - 'Sudan Mismanagement Cause of Economic Crisis'

16 January 2018

Kampala — The annual budget that Khartoum has prepared for 2018 shows the magnitude of the government mismanagement that led to the economic crisis experienced by the Sudanese people, and the popular discontent deepens the political instability in Sudan, according to a Sudanese think-thank.

The current budget is designed to allocate the majority of funds to security, defence and presidential expenditures, Sudan Democracy First Group (SDFG) reported today. The budget includes another devaluation of the Sudanese currency against the US dollar, whose official value rose from 6.9 to 18 Sudanese Pounds (SDG), a rise of 260 per cent. This rapid inflationary measure led to a significant increase in the value of all basic consumer and imported goods.

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