Sudan leader urges fight

Source:AFP Published: 2013-11-24 22:58:01

Sudan's President Omar al-Bashir called Saturday for a battle against inflation as part of efforts to reform the country's indebted, cash-starved and sanctions-hit economy.

"We must fight high market prices which affect the economy and the people," he said in a speech opening a two-day forum of economic experts, politicians, ­business leaders and others seeking solutions to the economic troubles.

Sudan's inflation rate officially reached 40 percent in October. And the local currency has lost almost 50 percent of its value on the black market over the past two years.

Posted in: Economy

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