International Development News
Development News Edition

UPDATE 3-Sudanese President Bashir dissolves government, appoints new PM


President Omar al-Bashir dissolved the Sudanese government on Sunday and named a new prime minister, moves aimed at fixing a crisis-hit economy battered in recent months by shortages of bread, fuel and hard currency.

Bashir named Motazz Moussa as the country's prime minister. He replaces Bakri Hassan Saleh, who was appointed in 2017 as the country's first prime minister since Bashir came to power in 1989.

Moussa had been serving as minister of irrigation and electricity before the government was dissolved.

Saleh, who had been serving as both prime minister and vice president before the shake-up, will stay on in the newly created post of first vice president, while Osman Yusuf Kubur was appointed second vice president.

The announcement came just after Bashir called an emergency meeting of ruling party officials in the presidential palace on the back of growing economic concerns over price rises and shortages.

No other ministerial appointments were announced, but the number of ministries in the new government will be slashed to 21 from 31, a move intended to cut down on spending, National Congress Party Deputy Chairman Faisal Hassan told a news conference.

The ministers of foreign affairs, defence and presidential affairs will remain in their posts when the new government is formed, Hassan said.

Khartoum has been trying to slash expenditures as it grapples with record high inflation, the hard-currency shortage and growing concern over low levels of liquidity at commercial banks.

Long queues outside commercial banks have become a fixture around Khartoum in recent weeks as the liquidity of the local currency has dwindled and ATMs have been emptied of cash. Daily withdrawal limits in some places have been set as low as 500 Sudanese pounds ($16.60).

A presidency statement said the latest measures were necessary to solve "the state of distress and frustration faced by the country during the last period".

Sudan's economy has been struggling since the south seceded in 2011, taking with it three-quarters of oil output and depriving Khartoum of a crucial source of foreign currency.

The lifting of 20-year-old U.S. trade sanctions last year was expected to usher in a more prosperous era for a country that had long been isolated.

But economic woes have only deepened as a black market for U.S. dollars has in effect replaced the formal banking system, making it more difficult and expensive to import essential supplies such as wheat.

The dollar has risen to about 47 pounds on the black market in recent months, against an official rate of about 30 pounds. That helped to push annual inflation to around 64 percent in July.

A doubling of the price of bread in January, after the government eliminated subsidies, triggered demonstrations.

Sudan has been without a central bank governor since June when Hazem Abdelqader died after suffering a heart attack while on a trip to Turkey.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


TRENDING

OPINION/BLOG/INTERVIEW

How music can help expectant mothers during pregnancy

Music provides pleasant ambience for all but its more important for expectant mothers as besides ensuring pleasant environment for them it also directly and indirectly influences the unborn babies. There are various scientific findings to c...

EdTech: A technical approach to flexible and cost-effective education

Its hight time for the world to go for innovative approaches like e-learning over traditional learning methods that need physical infrastructure, long-term planning, and huge investment. ...

Our school campaigns are our strongest ally: Joaquin Antuna, founder of Peace and Cooperation

Joaquin Antuna is the founder of Peace and Cooperation, a Spanish NGO which was nominated as peace messenger by the United Nations in 1986. Antuna is of very firm opinion that in order to have an incisive impact on the community we live in,...

'No escape from telephones', this 1953 prediction actually comes true

In 1953, a telephone company chief predicted that therell be no escape from telephones in the future....

Videos

Latest News

Violent humanitarian crisis in Burkina Faso requires immediate response, reveals WFP

The United Nations World Food Programme has warned the rising humanitarian crisis that has highly affected Burkina Faso and neighbouring countries in the Central Sahel region of West Africa. The humanitarian crisis is driven by widespread v...

Snapdeal joins International Trademark Association

E-commerce marketplace Snapdeal on Tuesday said it has joined International Trademark Association INTA as part of its efforts to support the protection of intellectual property on online marketplaces. INTA is a global association that has m...

UPDATE 3-Tata Steel faces battle with unions over plans to cut up to 3,000 European jobs

Steelworkers in Britain and the Netherlands said on Tuesday they would fight Tata Steels plans to cut up to 3,000 jobs across its European operations, as the sector wrestles with excess supply, weak demand and high costs.Indian-owned Tata a...

Bulgaria seeks investments from Indian businesses

Bulgarias Deputy Prime Minister for Economic and Demographic Policy Mariyana Nikolova on Tuesday invited businesses from India to invest in the nation, pitching it as a gateway to the European Union, thereby offering duty free access to a m...

Give Feedback