www.thenational.ae/thenationalconversation/industry-insights/economics/sudan-faces-severe-economic-crisis

Just saw this piece on what Sudan is going through since South Sudan left the union, notice the part of the story where the government has started cutting free subsidies that was previously been issued with free oil money...
I believe Nigeria is not very far from this

Sudan face economic crisis

Bread and meat prices have risen at double-digit rates across Sudan in recent
months as the value of the country's currency has fallen. Protests flared for a 10th day
yesterday as people vented their
anger at the increasing prices of
everyday items and government
spending cuts. But the protests have also taken on
an anti-government flavour, with
some activists calling for changes to
president Omar Al Bashir's
government. "Sudan is facing a very serious crisis
as it belatedly imposes austerity
measures," said an expert on Sudan
who asked to remain
anonymous because of
ties to the government. The protests come
against a backdrop of
instability after the
secession of South
Sudan last July. The split meant Sudan
lost 40 per cent of its oil
revenue, 80 per cent of
its foreign-exchange
reserves and 20 per cent
of its population. In response, the
government has sought
to rebalance its economy by introducing austerity measures aimed at cutting
spending. Subsidies on fuel and sugar have also been partly lifted by Mr Al Bashir, in a
move that has been welcomed by the IMF. On Sunday he dismissed the protests "as no Arab Spring", saying the number
of demonstrators were small. But after a group of students at the University of Khartoum began
demonstrating this month, other groups inside and outside the capital have
taken to the streets. Rising food prices and the depreciation of the Sudanese pound has caused
inflation to climb to 30 per cent last month from a year earlier. Inflation is
expected to remain at a high level after the government announced a 50 per
cent jump in petrol prices this month. Sudan has other deep-seated problems. The budget deficit is forecast to widen
to 5.4 per cent of GDP this year from 5 per cent last year as the loss of oil
revenues, armed conflict and financing a peace deal with South Sudan take a
toll on public funds. "As a result of US sanctions as well as Sudan's heavy debt, external borrowing
options are severely limited and internal borrowing is likely to increase,"
according to African Economic Outlook, an annual report covering
developments across the continent. After visiting the country last month, an IMF mission urged Sudan to do more
to create jobs. Youth unemployment stood at 22 per cent, official data for 2009 shows, double
the jobless rate for adults. A high rate of population growth means openings in
the labour market are not keeping pace with the proportion of youths who are at
working age. But analysts say a change in Sudan's fortunes may only come about when it
patches up differences with its new neighbour South Sudan, which shut down
its oil output of 350,000 barrels a day in January after Sudan started taking oil
in returned for what it said were unpaid fees. Sudan has also barred its landlocked neighbour from exporting crude through
its territory unless border disputes are settled. The two nations have yet to sign a United Nations security council resolution
proposed last month, requiring both to agree to security measures and
resuming oil production and export. "On that basis [once that's agreed], the south will have an income again, the
north will obtain some revenues from tariffs, and the north can turn to the
international community to lift sanctions and allow it access to debt relief and
concessionary finance," said the Sudan expert.

Wow you r very smart like....
all these kind of problems are happening no where around the world. ;DWow you r very smart like....
all these kind of problems are happening no where around the world.

9jii.:
Wow you r very smart like....
all these kind of problems are happening no where around the world. ;DWow you r very smart like....
all these kind of problems are happening no where around the world.

Bros, I was referring change in standard and style of living....now the Sudan have to start working hard to survive