Sudan’s Central Bank plans to issue new banknotes, seeking to stabilise the national currency amid deepening economic turmoil. The initiative is part of a broader strategy to manage the pound and restructure the struggling financial system.
The Sudanese pound has plunged sharply, eroding purchasing power and intensifying pressures on households across the country. Prices for basic goods and services continue to rise, reflecting the harsh impact of the ongoing conflict.
Junta’s Finance Minister Gibril Ibrahim highlighted the crisis, noting the absence of direct external financial support for Sudan. Speaking to the Sudanese community in Moscow, Ibrahim stressed the urgent need for financial reforms and currency stabilisation.
The new banknotes aim to restore public confidence and strengthen the country’s fragile economic framework. Sudan’s economic crisis, driven by war and currency depreciation, threatens livelihoods and fuels uncertainty nationwide. Authorities say the measures are designed to safeguard the national currency while paving the way for long-term recovery.
