SUDAN INSIGHT ALERT: Radio Dabanga - Economist warns for ‘dire consequences’ of Sudan’s political tensions

15/10/2021: Radio Dabanga - Economist warns for ‘dire consequences’ of Sudan’s political tensions

Dr Hasan Bashir, Professor of Economics at El Nilein University in Khartoum, warned of the dire consequences on Sudan’s economy and foreign investments caused by the current political tensions, including the blocking of ports in eastern Sudan, citing the negative impact on Sudan's reputation.

Professor Bashir considered the stability of the exchange rate, despite the political instability, “a positive indicator”. He attributed this to the economic reforms earlier this year, in addition to the lack of imports due to the blocking of the ports. “Yet, if the current situation continues, it may lead to a fall of the Sudanese Pound.”

The alternative use of Egyptian land ports for import will affect the revenues of the Sudanese sea ports, with increased transport costs leading to higher prices, which will push inflation figures to new highs, he warned.