Arab Today, arab today sudan\s finance minister no repricing of fuel products
Last Updated : GMT 10:15:39
Arab Today, arab today
Arab Today, arab today

Police use tear gas on anti-austerity protesters

Sudan\'s finance minister: No re-pricing of fuel products

Arab Today, arab today

Arab Today, arab today Sudan\'s finance minister: No re-pricing of fuel products

Sudan's Minister of Finance, Ali Mahmoud
Khartoum - Abed Algayom Ashmeag

Sudan\'s Minister of Finance, Ali Mahmoud Sudan\'s Minister of Finance, Ali Mahmoud, said Sunday that the governmental reserves and bank accounts were now closed, and funds redirected to Sudan\'s Central Bank to support the general budget, as per the economic reform plan.
Speaking from the ruling National Congress Party headquarters in Khartoum, Mahmoud denied that the government planned to re-price fuel products, saying the establishment expected an increase in Sudan\'s oil production. \"So, we will avoid importing fuel products sold at international prices, leaving no need for a change in prices,\" he said.
The minister said that the results of the government\'s economic reform plan would not be gauged until a year had passed, as it depended on expected rises in the revenues of productive sectors, especially gold, oil, wheat and sugar. He also announced that a new project for the sugar industry in the White Nile province was expected to reduce the country\'s sugar imports by 200,000 tonnes a year.
In another development, President Omar al-Bashir is expected to chair a meeting for members of the NCP leadership on Monday. The meeting is believed to discuss the current political unrest in the country, amid daily public protests which broke out first against the lifting of fuel subsidies and other austerity measures applied by the government.
The formation of a new government is also expected to be announced. The cabinet was supposed to be announced a week ago, but the announcement was delayed for further discussions with parties that will form a coalition with the NCP.  
Sudanese police fired teargas at protesters angered by rising prices on Sunday, witnesses said, while a senior official accused \"Zionist institutions\" of fanning the anti-government demonstrations which echo Arab Spring unrest elsewhere.
For two weeks, anti-austerity protesters have been calling for the resignation of the government of President Bashir, one of Africa\'s longest-serving leaders.
Sudan lost three-quarters of its oil output after South Sudan gained independence last year, forcing the government to impose cuts that have hit Sudanese who were already grappling with soaring inflation and a weakening currency.
On Sunday, police fired teargas and used batons to break up a protest of more than 250 people in the Ombada shantytown area, one of Khartoum\'s poorest neighbourhoods, witnesses said.
The protesters chanted \"No, no to rising prices\", threw rocks at police and blocked a main street before security forces dispersed them, the witnesses said.
The police were not immediately available to comment, but have repeatedly denied using excessive force against protesters.
Earlier on Sunday, presidential assistant Nafie Ali Nafie was quoted as blaming the unrest on a conspiracy to provoke an \"economic earthquake\" in Sudan.
\"Zionist institutions inside the United States and elsewhere ... are exploiting the latest economic decisions to destabilise the security and political situation,\" the state-linked Sudanese Media Centre quoted him as saying.
Nafie said the government had evidence of collusion between rebel groups in Darfur, politicians in arch-foe South Sudan and Zionist institutions in the United States to sabotage Sudan. He did not present the evidence.
The demonstrations have rarely gathered more than a few hundred people at a time, but have been an added pressure for Bashir\'s government, already trying to contain the economic crisis and multiple armed insurgencies.
Police used teargas to put down protests in several neighbourhoods in Khartoum on Friday.
The Sudanese Commission for Defence of Freedoms and Rights estimated on Sunday that 1000 people had been arrested since the protests began.
Demonstrators have chanted the widespread Arab Spring refrain: \"The people want the downfall of the regime.\"
Unexpectedly, there was no official ceremony on Saturday to mark the 23rd anniversary of Bashir\'s bloodless coup.
Instead, Bashir attended the opening of a shopping mall in central Khartoum. Sudanese media reported the state would donate 20 percent of revenues from the mall to the poor.
Bashir is wanted by the International Criminal Court for war crimes in Darfur, charges Sudan has dismissed as baseless and politically motivated.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today sudan\s finance minister no repricing of fuel products Arab Today, arab today sudan\s finance minister no repricing of fuel products

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today As Olympics loom, China plunges into snow biz

GMT 10:08 2017 Tuesday ,28 February

As Olympics loom, China plunges into snow biz
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Kalam Nawaem made a difference in social issues

GMT 06:43 2017 Tuesday ,28 February

Kalam Nawaem made a difference in social issues

GMT 08:51 2017 Saturday ,25 February

Shaking off dieselgate, VW races back into profit

GMT 08:48 2017 Saturday ,25 February

France's Macron takes on critics over 'vague' programme

GMT 10:10 2017 Friday ,24 February

France's Macron gets boost, but election is wide open

GMT 12:38 2017 Thursday ,23 February

Lower fares hit Qantas first half profit

GMT 10:57 2017 Thursday ,23 February

Chief executive out at Paramount Pictures
View News in Arabic - Business: أخبار الأعمال
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Parliament considers solutions to overpopulation

GMT 20:27 2017 Monday ,27 February

Parliament considers solutions to overpopulation
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Aspires present the story of Egypt’s first president

GMT 06:18 2017 Sunday ,26 February

Aspires present the story of Egypt’s first president
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 06:28 2017 Tuesday ,28 February

Dumbphones survive rise of the smartphone

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday