Khartoum — Finance Minister Ibrahim El Badawi announced during a national television interview yesterday that subsidies on diesel will be gradually lifted in the second half of this year. The suspension of the subsdies will last a year.
El Badawi pointed out that subsidising fuel is "ineffective and unfair" because of fuel smuggling. He said that smuggling led to scarcity of fuel. He claimed that Sudan is "the third cheapest country" with regard to fuel. Cutting the subsidies will save the government $ 400 million.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article