Inflation and substandard procedures

Reuters/ File

Inflation is still soaring unless it is tackled with carefully premeditated decisions and measures to stop the plummeting economic situation. The impact of devaluation of the Sudanese currency has not hit the market in full force yet but its encroachment will continue to escalate the suffering of the ordinary citizens.

This suffering has now reached its utmost peak after it became difficult for citizens to procure their basic needs in the wake of continuously spiraling prices.

Reports indicate that the new budget for 2013 has reached an advanced stage of preparation and is expected to be passed by the Council of Ministers by the end of the current month of November, in an attempt to overcome the current economic situation and rebalancing the economy, while economists see that the current situation is still in the circle of economic crisis despite the adoption of economic austerity and cut in the government spending, however some politicians and leaders from the government itself see the talk about austerity is just a (political humor), saying that there is no austerity on the ground, but expanded state structures at both levels, state and federal.

Many observers and economists affirmed that the current economic situation is still in the circle of the crisis, pointing out that it did not exceed the shock of its loss to the oil revenues which represents (27%) of the current year's budget (7 billion Sudanese pounds), causing a big deficits in the budget and forcing the government to announce new adjustments in the budget, in an attempt to absorb the effects of the crisis, as there was no real economic austerity or cut in government spending or reduction in the state structures, but quite the contrary, the government has expanded these structures resulting in exacerbating inflation rates and the economy is now heading towards inflationary recession, and a decline in the purchasing power as a result of the high cost of living and high prices .

Some other observers are convinced that the current crisis is too wide-scale to be resolved by these limited-impact measures and that what is required now is to reconsider all the aspects of the political, economic and security policies in order to trigger real change to face this explosive situation.

The worst aspect of this situation is that the citizens are feeling that the state is not concerned with their suffering and is posting a total absence from the arena and that all the statements that are being made have nothing to do with the current price hikes that are on the increase on daily basis.