VOL. XXXV

NO. 28

13-APRIL-1992

Sudan

Sudan Lifts Product Subsidies, Fearing Libyan Oil Embargo

Sudan ended subsidies for gasoline and diesel fuel as of 8 April inanticipation of a cut-off of oil supplies from neighboring Libya. The price forthe products more than doubled as a result, with the cost of gasoline risingfrom S50 ($0.55) per gallon to S110 ($1.22), and diesel fuel rising fromS40 ($0.44) per gallon to S110 ($1.22). The lifting of subsidies complieswith a World Bank economic reform...