Sunday, August 1, 2021

Sudan to cut government spending, increase social spending

Sudanese government yesterday said that the country will cut its government spending and increase social spending. According to the officials, the country will cut costs of external official trips by 50 per cent, reduce fuel quotas for government vehicles by 20 per cent, sell all surplus government vehicles and cut embassies’ budgets by 25 per cent among other measures,

During the month, the Sudanese government has completed many economic reforms. Earlier this month, 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. Last week it eliminated its customs exchange rate, used to calculate import duties, as the final step in a devaluation of its local currency.

- Advertisement -
Latest news

Tokyo Olympics: All eyes to be on Indian Men’s hockey team and shuttler PV Sindhu today

All eyes will be on Indian Men's hockey team and star shuttler PV Sindhu at the Tokyo Games 2020 on Day 9 of the...

More than 46 crore 72 lakh doses of Covid vaccine administered in the country so far

In a significant achievement, India’s Cumulative COVID vaccination coverage has surpassed 46 crore 72 lakh mark. The cumulative figure stands at 46 crore 72...

IDY: Govt taken major steps to provide affordable, quality healthcare to the people in last 7 years

In the run up to Independence Day, we bring you stories on sectors which have made major impact on the lives of citizens. In...

India to assume Presidency of the UN Security Council today

India will assume the Presidency of the United Nations Security Council today. In a message to the international community on the eve of the...
Related news

Tokyo Olympics: All eyes to be on Indian Men’s hockey team and shuttler PV Sindhu today

All eyes will be on Indian Men's hockey team and star shuttler PV Sindhu at the Tokyo Games 2020 on Day 9 of the...

More than 46 crore 72 lakh doses of Covid vaccine administered in the country so far

In a significant achievement, India’s Cumulative COVID vaccination coverage has surpassed 46 crore 72 lakh mark. The cumulative figure stands at 46 crore 72...

IDY: Govt taken major steps to provide affordable, quality healthcare to the people in last 7 years

In the run up to Independence Day, we bring you stories on sectors which have made major impact on the lives of citizens. In...

India to assume Presidency of the UN Security Council today

India will assume the Presidency of the United Nations Security Council today. In a message to the international community on the eve of the...