Sudan is facing a pre-Ramadan fuel crisis and a worsening cash crunch less than ...
KHARTOUM - Sudan is facing a pre-Ramadan fuel crisis and a worsening cash crunch less than a month after president Omar al-Bashir was ousted following protests sparked by bread and fuel shortages.Cars queued at almost every petrol station in Khartoum on Saturday as motorists waited for fuel for several hours. Soldiers manned the stations to ensure order.
The TMC is locked in a standoff with the opposition over who will control a proposed joint civilian-military body to oversee the country until elections can be held. Protests have continued in a bid to push the council to cede power to civilians. The maximum daily withdrawal has long been set at 2,000 Sudanese pounds . Some have set up several bank accounts to try to circumvent the limit.
Bashir’s government had run up enormous budget deficits by subsidizing fuel, bread and other products. To cover the deficit, it expanded the money supply.
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