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Sudan will keep key subsidies in 2015, not raise taxes

Sudanese Finance Minister Badereldien Mahmoud presents budget figures at parliament in Khartoum on December 22, 2014Sudan will keep in place subsidies on wheat and petrol and not raise taxes in 2015, the finance minister said on Monday as he presented next year’s budget to parliament. In September 2013 the government slashed fuel subsidies, sparking huge street protests — the worst urban unrest in Sudan in two decades — as retail prices shot up by more than 60 percent. Amnesty International said that more than 200 demonstrators were killed when security forces crushed the protests, but the government gave a toll of fewer than 100. The International Monetary Fund sees a “favourable” outlook for Sudan in 2015, driven by a “very good harvest” and the decline in oil prices on world markets.

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