The reporter of the Vietnam News Agency in Africa quoted the Sudanese Central Bureau of Statistics, stating that the annual inflation rate reached 304.3% in January 2021, up from 269.3% in December. 2020, due to escalating prices, including food and foodstuff prices.
In recent days, Sudan has seen protests against its economic woes due to soaring inflation, skyrocketing cost of living, and a scarcity of weak commodities. Sudanese authorities have blamed the violent protests on occasion by supporters of ousted President Omar al-Bashir, who was deposed in April 2019, after a wave of mass protests. mainly due to difficult economic conditions.
Last week, Sudan’s new cabinet was sworn in with the goal of rebuilding the country’s economy, exhausted from decades of punishment, mismanagement and civil war under Bashir. The newly appointed government includes veteran rebel leader and economist Gibril Ibrahim as finance minister.