Low inflation or no inflation: econmic situation in Sudan ...Sudan

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Low inflation or no inflation: econmic situation in Sudan
October 3, 2022 (KHARTOUM) – Sudan’s Central Bureau of Statistics in released its monthly report which showed another drop in the inflation rate from 125.41% in July to 117.42% in August. Why is that important? The military junta and their allies in Sudan have a continuous drop in inflation levels as a sign that the post-coup economy is flourishing. What they said – The Managing Director of the Sudanese Mineral Resources Company Mubarak Ardol wrote on Twitter “Did you know that the annual inflation rate in 2021 was 359.09% and after ten months in August 2022 it became only 117%, with a difference of (242.09%) along with a stabilizing exchange rate and availability of dollars in the banks an

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