RoyalDutchShell

  • Subscribe to our RSS feed.
  • Twitter
  • StumbleUpon
  • Reddit
  • Facebook
  • Digg

Thursday, 11 July 2013

Sudan Inches Closer to Increasing Minimum Wage

Posted on 21:33 by Unknown
Sudan Deputy Speaker of Parliament Samia Ahmed Mohamed has warned opposition forces about their pledge to overthrow the government in conjunction armed groups. Sudan is facing an economic crisis resulting from the partition of the oil-rich state. by Pan-African News Wire File Photos
Sudan Deputy Speaker of Parliament Samia Ahmed Mohamed has warned opposition forces about their pledge to overthrow the government in conjunction armed groups. Sudan is facing an economic crisis resulting from the partition of the oil-rich state., a photo by Pan-African News Wire File Photos on Flickr.

THURSDAY 11 JULY 2013

Sudan inches closer to increasing minimum wage

July 10, 2013, (KHARTOUM) - Sudan’s Ministry of Finance has announced today that the committees which were formed to consider the impact of increasing the monthly minimum wage have finished their work.

The state minister at the Ministry of Finance, AbdelRahman Dirar told the pro-government Sudan Media Center (SMC) website that they embarked on the final arrangements for increasing the minimum wage in coordination with other government and state agencies adding that the hike will be applied according to the job grade.

The Sudanese official further pointed out that the government’s policies aims to stabilise the living conditions of its citizens, reforming the economy and improving per capita income.

The current minimum monthly wage is 425 SDG ($96 based on official exchange rate).

The Sudanese pound is now trading at 7 SDG to the dollar on the black market which sharply contrasts the official exchange rate of 4.4 SDG to the dollar. Analysts say the sinking value of the Sudanese pound means the country now pays a hefty bill to import food.

In recent days the price of an egg basket (24 eggs) went up from 16 SDG to 22 SDG, 1kg of lentils increased to 10 SDG from 7 SDG while meat price reached 50 SDG compared to 44 SDG last weekend.

Last June, Sudan’s minister of finance Ali Mahmoud Abdel-Rasool urged the parliament to authorise gradual lifting of subsidies as a solution to curb inflation rates.

Later in the same month, an informed source told Sudan Tribune that the Shura (consultative) council of the ruling National Congress Party (NCP) endorsed a proposal to further reduce fuel subsidies.

Following the independence of South Sudan in July 2011, Khartoum was forced to introduce a contractionary budget that saw the partial lifting of fuel and food subsidies which triggered rare but small demonstrations across the country.

The government defended the measures saying that the country can no longer afford to pay for these subsidies after losing 75% of the oil reserves that are now in South Sudanese territory.

(ST)

Email ThisBlogThis!Share to XShare to FacebookShare to Pinterest
Posted in | No comments
Newer Post Older Post Home

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Popular Posts

  • Former Senior Official Expelled From Chinese Communist Party
    Mr. Liu Tienan, a member of the Chinese Communist Party and government was the head of economic planning. He has been expelled from the part...
  • What Is the Difference Between the ONLF of Ethiopia and Somalia?
    Somali women fighters from the Ogaden region of Ethiopia. , a photo by Pan-African News Wire File Photos on Flickr. SOMALIA Somalia:What Is...
  • Zimbabwe Indigenisation Desmystified
    Zimbabwe farmer workers in Nyamzura in Odzi. The earnings on production increased in 2012. , a photo by Pan-African News Wire File Photos o...
  • South Sudan to Host Security Meeting With Khartoum
    President of Sudan Omar Hassan al-Bashir, former South African President Thabo Mbeki and President Silva Kiir of South Sudan at a cooperatio...
  • Abayomi Azikiwe, PANW Editor, Featured on Press TV's The Debate: 'New Egypt Leadership Lacks Legitimacy'
    Abayomi Azikiwe, editor of the Pan-African News Wire, in graphic on Press TV News Analysis. Azikiwe is a frequent contributor to media agenc...
  • Egyptian Military Denies Israeli Drone Strike in North Sinai
    An Israeli long-range Heron drone which is being used in the Horn of Africa nation of Somalia. 17 people were killed in Israeli air attacks ...
  • Turkey Under Attack by Somalian Resistance Forces
    Al-Shabaab resistance forces have claimed responsibility for a blast at the Turkish embassy in Somalia. Turkey has been supporting the U.S.-...
  • Full Agenda for 33rd SADC Summit in Malawi
    Leaders of the Southern African Development Community (SADC) Observer Mission Bernard Mwembe addresses the media with Dr Tomaz Solamao at fa...
  • Congratulatory Messages Continue Pouring Into Zimbabwe
    President of the Republic of Zimbabwe Robert Mugabe at a press conference on July 30, 2013. The national elections were scheduled for the ne...
  • Egypt Under Military Rule Pledged Billions by Gulf States
    Vendor on the streets of Cairo, Egypt with an enlarged US dollar advertisement in the background. Egypt is facing a renewed economic crisis ...

Blog Archive

  • ▼  2013 (500)
    • ►  August (174)
    • ▼  July (326)
      • Britain's Head in the Sand Over Kenyan Abuses
      • Sudan President Bashir to Attend Iranian President...
      • Sudan Soldiers Killed in Rebel Ambush in Abyei
      • U.S. War in Somalia Centered on Oil Resources
      • 12 Bombs Defused in Occupied Libyan Capital of Tri...
      • Former Libyan Education Minister Order Executed by...
      • Egypt Reiterates Rejection of African Union Suspen...
      • United States Senate Rejects Proposal to Halt Egyp...
      • Pro-Morsi Demonstrations No Longer Acceptable Says...
      • Egyptian Military-Backed Regime Orders Police to R...
      • Transcription of Press Conference With Zimbabwe Pr...
      • Indigenisation Brings Transformation to Kwekwe
      • More Zimbabweans Rally Behind President Mugabe
      • Julius Malema Backs ZANU-PF
      • African Union, SADC Endorse Zimbabwe Poll Preparat...
      • Chinese Observers Dismiss Claims of Vote-Rigging i...
      • Zimbabwe Farmers Predict Landslide Victory For Pre...
      • President Mugabe Confident Of Emphatic Victory
      • Bradley Manning Faces Long Prison Term For Exposin...
      • WikiLeaks's Assange Condemns Manning Verdict, Obama
      • Abayomi Azikiwe, PANW Editor, Featured Over Press ...
      • Tunisians Hold Mass Demonstrations, General Strike...
      • ZANU-PF Has Transformed Lives, Says Vice-President...
      • United States Blocks Zimbabwe Poll Survey
      • Zimbabwe Electoral Commission Ready for July 31 Vote
      • 8 Tunisian Soldiers Killed in Shoot Out
      • More Deaths in Egyptian Political Unrest
      • EU Envoy Meets With Egyptian 'Rebel' Leaders
      • Egyptian Opponents of Military Coup Call for Fresh...
      • Mbeki to Brief African Union Peace and Security Co...
      • South Sudan Moving Toward Dictatorship, Former VP ...
      • Eritrea Denies Allegations Over Neighboring Somalia
      • Verdict Is Expected Tuesday for Pfc. Manning
      • JPMorgan Accused of Manipulating Energy Markets
      • Pan-African Journal: Special Worldwide Radio Broad...
      • Abayomi Azikiwe, PANW Editor, Featured on Press TV...
      • Pan-African Journal: Worldwide Radio Broadcast for...
      • Abayomi Azikiwe, PANW Editor, Featured on Press TV...
      • Zimbabwe Vice-President Mujuru On Urban Venture Pr...
      • 106,000 Polling Officers Deployed In Zimbabwe
      • Goodbye to Zimbabwe Mbira Queen
      • European Union, United States Plot to Discredit Po...
      • President Mugabe Concludes Zimbabwe Campaign Rallies
      • Zimbabwe Indigenisation Desmystified
      • Egyptian Military Regime Blames Islamist Forces fo...
      • Military-Appointed President In Egypt Gives Premie...
      • European Union Envoy Catherine Ashton Visits Egypt...
      • 80 Percent of U.S. Adults Face Near-Poverty, Unemp...
      • Sudan President Bashir Working on a Major Initiati...
      • Sudan Delays Blockage Of South Sudan Oil Flows For...
      • South Sudan to Host Security Meeting With Khartoum
      • Al-Shabaab Launches Attacks on Federal Forces in B...
      • Somalia Resistance Setting Up Fresh Units
      • Somalia Federal Government Executes Soldiers
      • Explosions Rock Benghazi, Libya
      • Egyptian Military Launches Operations in Sinai
      • Egypt Under Military Rule Pledged Billions by Gulf...
      • Egyptian Opposition Blames Civilian Deaths on Musl...
      • DPRK Marks 60th Anniversary of Victory In Fatherla...
      • Tunisian Clashes Continue Amid Funeral of Mohamed ...
      • Mali Prepares for National Vote Amid French Occupa...
      • Fired Vice President to Run for South Sudan Presid...
      • Clashes Between Sudan Army and Rebels in Oil State
      • Somalia Federal Government Troops Clash in Lower S...
      • Turkish Embassy Bombed in Somalia Capital
      • Libyan Rebels Reshuffle Cabinet, Cut Officials Aft...
      • Muslim Brotherhood Attacked in Libya
      • Over 1,000 Detainees Escape in Eastern Libya
      • Abayomi Azikiwe, PANW Editor, Featured on Press TV...
      • At Least 100 People Killed in Egypt Clashes
      • Mass Opposing Rallies Lead to Many Deaths in Egypt
      • Military Installed President of Egypt Tells Ousted...
      • Egypt Military Builds Case Against Ousted President
      • Tunisian Protester Killed in National Demonstrations
      • Protests Hit Tunisia for Second Day After Assassin...
      • Raul Castro: New Generations Will Take Over Cuba's...
      • Latin America in U.S. Line of Fire
      • Kim Jong Un Meets Delegation From China
      • U.S. Destroyed Civilian Facilities During Korean War
      • U.S. Blamed for Persisting in State of War on Kore...
      • Sybrina Fulton Addresses National Urban League Con...
      • Abayomi Azikiwe, PANW Editor, Featured on Press TV...
      • Abayomi Azikiwe, PANW Editor, Featured on African ...
      • Abayomi Azikiwe, PANW Editor, Featured on Heart of...
      • Respect Zimbabwe Voters, Vice-President Mujuru Tel...
      • President Mugabe Commends Zimbabwe Women
      • Zimbabwe Declares July 31 Holiday for National Ele...
      • Former Nigerian President Obasanjo Leads African U...
      • U.S. Set Back on Bid-Rigging Sentences in UBS Crim...
      • U.S. Accuses Hedge Fund SAC Capital of Insider Tra...
      • Halliburton Pleads Guilty to Destroying Evidence A...
      • Marathon May Abandon Libyan Operations
      • No Injuries Reported in Grenade Attack Near Canadi...
      • Rocket Strikes UAW Mission In Libya
      • Juror Says Zimmerman Got Away With Murder of Trayv...
      • Tunisia Opposition Party Leader Assassinated in Ca...
      • West Angling to Destabilize Zimbabwe Elections
      • African Union Happy With Zimbabwe Poll Preparations
      • Bank-Engineered Seizure of Detroit's Art Planned
      • Michigan Constitution Suspended Allowing Banks to ...
Powered by Blogger.

About Me

Unknown
View my complete profile