Sudan Increases Fuel Prices after Subsidies Removed

People get their car filled at a petrol station in Khartoum, Sudan. November 4, 2016. (Reuters)
People get their car filled at a petrol station in Khartoum, Sudan. November 4, 2016. (Reuters)
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Sudan Increases Fuel Prices after Subsidies Removed

People get their car filled at a petrol station in Khartoum, Sudan. November 4, 2016. (Reuters)
People get their car filled at a petrol station in Khartoum, Sudan. November 4, 2016. (Reuters)

Sudan has increased fuel prices for the first time since subsidies were removed, energy minister Jadein Ali Obeid said on Thursday.

The price of gasoline went up from 290 Sudanese pounds per liter to 320 pounds, while the price of diesel went up to 305 pounds per liter from 285, according to a Reuters witness.

Sudan has been implementing aggressive IMF-monitored reforms in the hopes of turning around its economy and attracting debt relief and renewed financing.

The reforms have been painful and annual inflation climbed to 363 percent in April.

Sudanese officials and the IMF have said the reforms, which included a sharp currency devaluation, would cause prices to rise and add to pressure on citizens.



Greece Signs Outline Deal with Emirates Airline to Boost Tourism

Emirates Airline Boeing 777-300ER planes are seen at Dubai International Airport in the United Arab Emirates February 15, 2019. REUTERS/Christopher Pike/File Photo
Emirates Airline Boeing 777-300ER planes are seen at Dubai International Airport in the United Arab Emirates February 15, 2019. REUTERS/Christopher Pike/File Photo
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Greece Signs Outline Deal with Emirates Airline to Boost Tourism

Emirates Airline Boeing 777-300ER planes are seen at Dubai International Airport in the United Arab Emirates February 15, 2019. REUTERS/Christopher Pike/File Photo
Emirates Airline Boeing 777-300ER planes are seen at Dubai International Airport in the United Arab Emirates February 15, 2019. REUTERS/Christopher Pike/File Photo

Greece has signed an outline deal with Dubai's Emirates that includes a codeshare agreement with Greek air carrier Aegean, the country's Tourism Ministry said on Friday, as it seeks to attract more tourists all year round.

The codeshare agreement will expand travelers' access to popular destinations, including the islands of Santorini, Mykonos and Rhodes, the Greek tourism ministry's statement said.

Greece, which sits at Europe's southernmost tip, is heavily dependent on tourism revenue that has come under threat from the impact of soaring temperatures, wildfires and floods linked to climate change, Reuters said.

Last year it nevertheless raised 21.5 billion euros ($24 billion) in tourism revenues, beating 2023's record of 20.6 billion euros. The Middle East is also seeking more tourists to help diversify economies that have relied on oil revenue.