Grand Egyptian Museum fuels hospitality, real estate expansion in West Cairo    IWG accelerates Egypt expansion, plans 30 new flexible workspace centres in 2026    Redminds, Saudi Al Warda Group launch real estate alliance targeting EGP 20bn investments by 2026    400 children with disabilities take part in 'Their Right to Joy' marathon    Egypt's gold reserves surges to $16.55b in October – CBE    Giant CMA CGM ship transits Suez Canal, signaling return of megavessels    Egypt's MSMEDA helps 18,000 SMEs win EGP 1.25b in state contracts    Egypt's Foreign Minister discusses Gaza, Sudan with Russian counterpart    Iraq's PM says holding elections on schedule is a 'major event' for the state    Russia's Putin appoints new deputy defence minister in security shake-up    UNESCO General Conference elects Egypt's El-Enany, first Arab to lead body    Egypt repatriates 36 smuggled ancient artefacts from the US    Grand Egyptian Museum attracts 18k visitors on first public opening day    Egypt to adopt World Bank Human Capital Report as roadmap for government policy    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    Egypt launches new cancer pharmaceuticals sector to boost drug industry localization    Egypt, Albania discuss expanding healthcare cooperation    VS-FILM Festival for Very Short Films Ignites El Sokhna    Egypt's cultural palaces authority launches nationwide arts and culture events    Egypt launches Red Sea Open to boost tourism, international profile    Qatar to activate Egypt investment package with Matrouh deal in days: Cabinet    Hungary, Egypt strengthen ties as Orbán anticipates Sisi's 2026 visit    Egypt's PM pledges support for Lebanon, condemns Israeli strikes in the south    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Egypt, Medipha sign MoU to expand pharmaceutical compounding, therapeutic nutrition    Egypt establishes high-level committee, insurance fund to address medical errors    Sisi expands national support fund to include diplomats who died on duty    Madinaty Golf Club to host 104th Egyptian Open    Egypt's PM reviews efforts to remove Nile River encroachments    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt will never relinquish historical Nile water rights, PM says    Al-Sisi, Burhan discuss efforts to end Sudan war, address Nile Dam dispute in Cairo talks    Syria releases preliminary results of first post-Assad parliament vote    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Sudan launches monthly cash allowances to ease economic pain
Published in Ahram Online on 24 - 02 - 2021

Sudan launched a scheme on Wednesday to alleviate the impact of a severe economic crisis by paying out monthly cash allowances of $5 that are eventually meant to reach 80% of the population.
The first $400 million phase of the programme is financed by the World Bank and other donors, but disbursement of funds had been delayed ahead of a steep currency devaluation announced early on Sunday.
The family support project, named "Thamarat" (Fruits), is initially being rolled out in four of Sudan's 18 states.
Sudan has been roiled by an economic crisis that triggered protests against former ruler Omar al-Bashir and continued after his overthrow in April 2019.
A transitional military-civilian alliance now governs the country of 45 million. Inflation has risen to more than 300%, and there have been frequent shortages of bread, fuel, power and medicine.
"The Thamarat program is here to help people through this hard time," Prime Minister Abdalla Hamdok said as he launched the programme in Al-Kalakla, a neighbourhood on the southern outskirts of the capital, Khartoum.
Hamdok acknowledged that the scheme had been slow to start but appealed to people to be patient. Logistical challenges registering families have contributed to delays, officials say.
"We aspire to have it cover all of Sudan's states soon," Hamdok said.
The government had taken measures try to limit price increases after devaluation, but that the allowances were designed to cushion the impact of any further inflation, said Finance Minister Jibril Ibrahim.
"We will try to make sure they (prices rises) don't happen, but if they do people will have extra income to face these increases," he said.
"We want this to be a productive program. We want people to pool their money and start small productive projects."
*This story was edited by Ahram Online.


Clic here to read the story from its source.