General World News

Sudan to Tackle Fuel Subsidies as Economy Hangs on the Edge

Sudan hopes to cut fuel subsidies over the course of 18 months, starting as early as March, and replace them with direct cash payments to the poor, the country’s finance minister said, laying out a timetable for sweeping economic reforms sought by international lenders.

The plan comes as Sudan’s fragile democracy is slowly taking shape after the ouster last year of the country’s long-time autocrat Omar al-Bashir.

In an interview with The Associated Press on Tuesday, Finance Minister Ibrahim Elbadawi said the decision was a “no brainer.” The government has previously said it will not change bread and flour subsidies.

Elbadawi’s comments are read more >>>

Source:: VOANews.Com