KHARTOUM, May 16 (Xinhua) -- The inflation rate in Sudan continued to rise to 57.6 percent in April from 55.6 percent in March, said a statement issued Wednesday by Sudan Central Statistics Bureau.
The bureau attributed the surge to the hike in food and drinks prices, which increased by 55.74 percent.
Sudan faces a dire economic crisis since the secession of South Sudan in 2011, due to which Sudan lost 75 percent of its oil revenues.
On Dec. 19 last year, the Sudanese cabinet approved the budget for 2018, which included new measures for cutting government spendings, stopping construction of government buildings, and barring payment of any incentives or rewards without a prior approval from the Ministry of Finance.
The budget aims to stimulate the country's GDP growth by 4 percent and bring inflation down to 19.5 percent.
