Sudan To Cut Government Spending and Increase Social Spending
Jun 28, 2021 ·
5m 22s
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
Description
Sudan will cut its government spending and increase social spending after completing a raft of rapid economic reforms this month that threatens to compound pressures on the majority of the...
show more
Sudan will cut its government spending and increase social spending after completing a raft of rapid economic reforms this month that threatens to compound pressures on the majority of the population.
Sudan fully removed subsidies on car petrol and diesel, and in February it devalued its currency and began a policy of a flexible managed float.
The country will cut costs of external official trips by 50%, reduce fuel quotas for government vehicles by 20%, sell all surplus government vehicles and cut embassies' budgets by 25% among other measures.
The cabinet after three days of closed meetings says the government will expand the registration of a family support project called Thamarat or Fruits to include three million families or about 15 million people within two months.
show less
Sudan fully removed subsidies on car petrol and diesel, and in February it devalued its currency and began a policy of a flexible managed float.
The country will cut costs of external official trips by 50%, reduce fuel quotas for government vehicles by 20%, sell all surplus government vehicles and cut embassies' budgets by 25% among other measures.
The cabinet after three days of closed meetings says the government will expand the registration of a family support project called Thamarat or Fruits to include three million families or about 15 million people within two months.
Information
Author | Africa Business Radio |
Organization | Africa Business Radio |
Website | - |
Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company