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About: http://data.cimple.eu/news-article/78a87c15d1edd56e014b2c66758895d9fac42394fa1dec45c92fa2c3 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	Sudan's inflation rate has soared above 300 percent, officials said Monday, posing a major challenge for a newly-appointed government tasked with tackling an economic crisis that has triggered recent protests. "The annual inflation rate reached 304.3 percent in January, compared to 269.3 percent in December," the Central Bureau of Statistics said in a statement, attributing the rise to price hikes including on food. Protests have flared in recent weeks in several parts of Sudan over skyrocketing costs of living. Sudanese authorities have blamed the sometimes violent demonstrations on supporters of ousted president Omar al-Bashir, who was toppled in April 2019 following mass youth-led protests triggered mainly by economic hardship. Last week, Sudan swore in a new inclusive cabinet with the aim of rebuilding the country's economy, which was decimated by decades of US sanctions, mismanagement and civil war under Bashir. The new government appointments included veteran rebel leader and economist Gibril Ibrahim as Sudan's finance minister. Sudan has been undergoing a rocky transition since Bashir's ouster. It has been struggling with a severe economic crisis characterised by a galloping inflation, chronic hard currency shortage, and a volatile black market. The crisis has been exacerbated further by the Covid-19 pandemic. The government hopes Sudan's recent removal from the US blacklist as state sponsors of terrorism would allow for debt relief, and bring in much-needed foreign investment. Last month, the government said it hopes to bring inflation down to 95 percent by the end of the year. mz/pjm
schema:headline	Sudan inflation tops 300% as economic crisis deepens
schema:mentions	Blacklisting Civil war Black market Debt relief USA Gymnastics Umar Sudan Inflation Terrorism Federal Bureau of Investigation Pandemic Coronavirus disease 2019 Hard currency Economy Cabinet of Israel
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-02-15 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	77 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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