Global pressure mounts on Israel as Gaza death toll surges, war deepens    Egypt targets 7.7% AI contribution to GDP by 2030: Communications Minister    Irrigation Minister highlights Egypt's water challenges, innovation efforts at DAAD centenary celebration    Egypt discusses strengthening agricultural ties, investment opportunities with Indian delegation    Al-Sisi welcomes Spain's monarch in historic first visit, with Gaza, regional peace in focus    Cairo governor briefs PM on Khan el-Khalili, Rameses Square development    El Gouna Film Festival's 8th edition to coincide with UN's 80th anniversary    Egypt's gold prices fall on Wednesday    Egypt expands medical, humanitarian support for Gaza patients    Egypt condemns Israeli offensive in Gaza City, warns of grave regional consequences    Cairo University, Roche Diagnostics inaugurate automated lab at Qasr El-Ainy    Egypt investigates disappearance of ancient bracelet from Egyptian Museum in Tahrir    Egypt launches international architecture academy with UNESCO, European partners    Egypt signs MoUs with 3 European universities to advance architecture, urban studies    Egypt's Sisi, Qatar's Emir condemn Israeli strikes, call for Gaza ceasefire    Egypt condemns terrorist attack in northwest Pakistan    Egyptian pound ends week lower against US dollar – CBE    Egypt hosts G20 meeting for 1st time outside member states    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt seeks Indian expertise to boost pharmaceutical industry    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egyptian, Ugandan Presidents open business forum to boost trade    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    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.