09-16-2013, 04:26 PM |
SudaneseOnline News
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Sudan's political and popular forces protest Government's decision to
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Sudan's political and popular forces protest Government's decision to lift fuel subsidies Khartoum-A group of parliamentarians has embarked on preparation of a memorandum of protest to submit to President, Omer Al-Bashir, on the Government's decision to lift fuel subsidies, stressing their approval for the step if the Government goes ahead in restructuring of the executive authority. Meanwhile, the Member of Parliament, Mehdi Abdul Rahman, revealed that lifting of fuel subsidies decision will not pass through Parliament but through Presidential Decree, describing the step as ignoring of representatives of Sudanese people. This comes at a time when the ruling National Congress (NCP) announced that it would consent to lift subsidies on fuel to the Cabinet for approval within days. The economist expert, Abdulwahab Bob, painted a bleak picture of economic conditions if subsidies on fuel has been lifted, pointing out that the move will contribute to the collapse of the country's economic system, considering that the decision seen as a declaration of war against the poor Sudan lost 75% of its oil reserves after the southern part of the country became an independent nation in July 2011 denying the north billions of dollars in revenues. Prior to the country’s breakup, Sudan produced close to 500,000 barrels but now its output is limited to 140,000 barrels per day. Oil revenue constituted more than half of the Sudan’s revenue and 90% of its exports. Following the independence of South Sudan in July 2011, Khartoum was forced to introduce a contractionary budget that saw the partial lifting of fuel and food subsidies which triggered rare but small demonstrations across the country. The government defended the measures saying that the country can no longer afford to pay for these subsidies
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