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Sudan hikes fuel prices amid foreign currency shortage

The oil ministry in Sudan raised the price of one gallon of petrol to 27.5 Sudanese pounds from 21 November 4,2016Sudan hiked prices of petrol and diesel Friday by about 30 percent as months of fuel shortages caused by a foreign currency shortage have put pressure on the country’s already sanctions-hit economy. The oil ministry raised the price of one gallon (nearly four litres) of petrol to 27.5 Sudanese pounds ($4.30, 3.90 euros) from 21 and diesel from 14 to 18. Fuel price hikes have been a sensitive issue in Sudan, which has seen its economy badly hit since 2011 when South Sudan gained independence and took nearly three quarters of the formerly united country’s reserves with it.

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