Economist warns for dire consequences of Sudan’s political tensions

Published 2021년 10월 15일

Tridge summary

Sudan is experiencing negative economic consequences due to political tensions and protests, leading to a scarcity of basic commodities and increased transport costs. Economic expert Hasan Bashir warns of potential fall of the Sudanese Pound if the current situation persists. The government is making arrangements to import goods through neighboring countries and is considering transit trade with Ethiopia, South Sudan, and the Central African Republic.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Economic expert Hasan Bashir has warned for the negative effects of the current political tensions on the domestic economy, as well as foreign investments. In Khartoum, school lessons have temporarily been brought back to four hours daily because of the scarcity of bread. The Ministry of Trade has set up arrangements with neighbouring countries to transport import goods over land. Dr Hasan Bashir, Professor of Economics at El Nilein University in Khartoum said in an interview with Radio Dabanga yesterday that the political tensions between the military and civilian components of the Sudanese government, in addition to the continued protest actions in eastern Sudan, will have dire economic consequences for the country. He called the recent developments “dangerous” as they have a negative impact on Sudan's reputation. The weeks-long closure of the sea ports and main roads in Red Sea state by Beja protestors has already brought huge losses to exporters and importers. The barricades ...
Source: Dabangasudan

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