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Sudan ’lost all sources of revenue’ in the war: minister
Sudan lost 80% of state revenue after the RSF takeover, with oil revenues halving and agricultural exports down 43%, as the government seeks port deals and private investment.
- Sudan's economy has been devastated by the war, with the country losing all sources of state revenue due to widespread destruction, military spending, and plummeting oil and gold revenues, according to the army-aligned finance minister.
- Gold production has increased, but much of it has been smuggled out of the country, bypassing official channels and depriving the state of valuable revenue.
- Agricultural exports have fallen by 43%, with productive regions under paramilitary control, while the livestock industry has lost 55% of its exports, and oil revenues have dropped by more than 50% due to refinery damage.
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Sudan ‘lost all sources of revenue’ in the war: finance minister to AFP
PORT SUDAN: Widespread destruction, massive military spending and plummeting oil and gold revenues have left Sudan’s economy in “very difficult times,” army-aligned finance minister Gibril Ibrahim said, nearly three years into the army’s war with rival paramilitary forces. In an interview with AFP from his office in Port Sudan, Ibrahim said the government is eyeing deals for
·Riyadh, Saudi Arabia
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Sudan 'lost all sources of revenue' in the war: finance minister to AFP
Widespread destruction, massive military spending and plummeting oil and gold revenues have left Sudan's economy in "very difficult times", army-aligned finance minister Gibril Ibrahim said, nearly three years into the army's war with rival paramilitary forces.
·France
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Hard times: Sudan 'lost all sources of revenue' in the war: finance minister to AFP
·Luxembourg City, Luxembourg
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Total News Sources17
Leaning Left4Leaning Right5Center2Last UpdatedBias Distribution46% Right
Bias Distribution
- 46% of the sources lean Right
46% Right
L 36%
C 18%
R 46%
Factuality
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