Sudan has vowed to bring its inflation rate below 60% by the end of 2026, as three years of war leave citizens struggling to put food on the table.
Sudan has vowed to bring its inflation rate below 60% by the end of 2026, as three years of war leave citizens struggling to put food on the table.
The country has grappled with triple-digit inflation for years, but since war broke out between the army and paramilitary Rapid Support Forces (RSF) in April 2023, the already fragile economy has been devastated.
With the US-Iran war also sending energy prices soaring worldwide, Sudan has an uphill battle to curb rising costs.
Speaking at a meeting with the United Nations Development Programme (UNDP) on Monday, Finance Minister Gibril Ibrahim said "we aim to reduce inflation to no more than 60 percent by the end of 2026."
Economy dented
"The indicators suggest that this is achievable," he added. Inflation stood at 99% in 2025, following a peak of 176% in 2024, according to Ibrahim, whose remarks were broadcast on state television.
This month, the exchange rate for the Sudanese pound soared past 8,000 to the UU dollar, 16 times the pre-war rate.
"Prices change daily based on the dollar rate," said Khartoum grocer Ibrahim Mohammad Ahmed. "People are making do with very little and forgoing some essentials," he added.
The war has claimed tens of thousands of lives, displaced millions of people, and significantly dented the economy.
A report by the Sudan Teachers' Committee says a small family requires the equivalent of $600 per month to meet their needs. By contrast, teachers earn a monthly salary of around $19.