Sudan’s President pledges to improve economy
President Omar Al Bashir has pledged to overcome the difficulties the Sudanese are facing because of the soaring prices of basic commodities in the country. Al Bashir, currently performing the Muslim hajj pilgrimage in Saudi Arabia, said in a message to the Sudanese on Saturday that Eid El Adha is a feast of “compassion, synergy, and tolerance”. He promised he would do anything to improve the dire living conditions in Sudan. Economist Mohamed Ibrahim Kebej commented that he was surprised to hear that the “Khartoum regime is worried about the economic deterioration and the huge inflation rates in the country, while the same regime is responsible for these problems”. “Since the National Congress Party, formerly the National Islamic Front, took over power in 1989, the Sudanese pound has only lost in value,” he told Radio Dabanga. “The rate of the pound is now plummeting with a scaring speed”. “Upgrading the value of the Sudanese currency is not a matter of intention”, Kebej stressed. “The policy of economic liberalisation requires substantial modifications. Unless the regime adjusts its liberalisation policies at the roots, and instead focuses on a policy to relieve the poor, any attempt to reduce the prices can be considered as futile and useless.” File photo: An oranges vendor in Darfur (Albert González Farran/Unamid) Related: ‘IMF figures on Sudan inadequate; economy imploding’: analyst (28 September 2014)Prof: ‘Cost of Darfur war estimated at $50 billion’ (24 September 2014)
President Omar Al Bashir has pledged to overcome the difficulties the Sudanese are facing because of the soaring prices of basic commodities in the country.
Al Bashir, currently performing the Muslim hajj pilgrimage in Saudi Arabia, said in a message to the Sudanese on Saturday that Eid El Adha is a feast of “compassion, synergy, and tolerance”. He promised he would do anything to improve the dire living conditions in Sudan.
Economist Mohamed Ibrahim Kebej commented that he was surprised to hear that the “Khartoum regime is worried about the economic deterioration and the huge inflation rates in the country, while the same regime is responsible for these problems”.
“Since the National Congress Party, formerly the National Islamic Front, took over power in 1989, the Sudanese pound has only lost in value,” he told Radio Dabanga. “The rate of the pound is now plummeting with a scaring speed”.
“Upgrading the value of the Sudanese currency is not a matter of intention”, Kebej stressed. “The policy of economic liberalisation requires substantial modifications. Unless the regime adjusts its liberalisation policies at the roots, and instead focuses on a policy to relieve the poor, any attempt to reduce the prices can be considered as futile and useless.”
File photo: An oranges vendor in Darfur (Albert González Farran/Unamid)
Related:
‘IMF figures on Sudan inadequate; economy imploding’: analyst (28 September 2014)
Prof: ‘Cost of Darfur war estimated at $50 billion’ (24 September 2014)
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