News / Economic Divide

Sudan's economic crisis: Another US interference?

Thursday, 04 October 2018 1:57 AM [ Last Update: Thursday, 04 October 2018 8:31 AM ]

The independence of South Sudan in 2011 caused an economic shock for Sudan. The Khartoum government was not prepared for the secession which cost the African country the loss of half of its national income mainly due to the drastic fall in oil production.

The creation of the worlds newest country however was not the only major reason behind Sudans economic crisis. Sudan first plunged into economic turmoil in 19-93 after the U-S imposed sanctions on the country, accusing it of being a haven for terrorism. The restrictions impacted the technological and social development of Sudan. In September, Sudans President Omar al-Bashir dissolved the government to salvage the countrys ailing economy. The number of ministers came down to 21 from 31. Many, however, are skeptical of the effectiveness of the move. Experts believe the political and economic structure of the country is to blame. The Sudanese has been adopting neoliberal policies including privatization and removal of subsidies and establishing a free market in the past years.

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