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Current page:Home > News center> News > On May 16th that the inflation rate has reached to 57.6% in April
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On May 16th that the inflation rate has reached to 57.6% in April

Posted on:2018-05-21 18:33 Page views:1432

According to what we know from Sudan,Susan Central Statistics Bureau made the announcement on May 16th that the inflation rate has reached to 57.6% in April from the 55.6% in March.They think that the reason to cause the inflation to be increased is the price of the food and drinks were increased much (The price of both of them have been increased 55.75%).Since the South Sudan were independent,the income of the petroleum of Sudan has been reduced 75%.Sudan faces a serious economic crisis.Last December,the Sudan government approved the budget in 2018,including reducing the government expenditure,stopping building the government buildings and prohibiting any encourage without the permission of the financing department.The aim of this budget is to stimulate the growth of their GDP (the goal is to increase 4%) and reduce the inflation rate to 19.5%.