Sudanese government raises fuel prices by more than 400%

SANAA, Oct. 28 (YPA) – Sudanese government officially approved liberalized prices for fuel, an increase of more than 400%, compared to the previous price, according to the Sudan Tribune newspaper.
In a press conference, the Minister of Energy and Mining-designate Khairy Abdel Rahman Khairy announced the start of liberalizing fuel prices (gasoline and gasoline), starting on Tuesday evening.
He said that the price of a liter of imported gasoline was set at 120 pounds, while the old price was 28 pounds per liter, while a liter of imported gasoline increased from 23 pounds to 106 pounds.
The official Sudanese News Agency (SUNA) quoted Abdel Rahman as saying that the new prices were approved by a ministerial decision issued by the Ministry of Finance based on the revised budget for the year 2020, which was approved by the joint meeting of the Sovereignty Council and the Ministers last August.
The minister emphasized that the new prices of gasoline will be subject to weekly review by a joint committee whose membership includes representatives of importers and finance, and that “the new price depends on the global price, down and up.”
He considered that the consequences of the new prices “are in the interest of the country and the citizen,” such as an abundance of markets and an end to suffering.
“Sudan Tribune” newspaper reported that the decision sparked “a wave of public discontent in the Sudanese street, especially in light of the extremely complex economic conditions experienced by the citizens, as the increase in fuel prices is expected to exacerbate the living situation by negatively affecting the prices of goods and public transport.”