Conflict in Sudan Causes Rise in Commodity Prices
International News
June 1, 2023
The cost of commodities and services in Sudan are rising due to supply and transportation challenges amidst heavy intermittent fighting between the Sudanese Armed Forces and the RSF. Sudan is a key exporter of commodities like sesame, peanuts, gold and livestock. But the economy has been impacted by years of sanctions and international isolation, alongside mismanagement and corruption, leading to skyrocketing inflation and continued currency devaluations.