Prime Minister Mohamed Hassan El-Taishi said Sudan’s Government of Peace and Unity is building a comprehensive banking system to expand financial access and strengthen monetary stability in areas under its control.
He said the administration is introducing banking and monetary policies to support trade, investment, and economic activity across resource-rich regions, arguing that the war and Sudan’s institutional divisions have disrupted financial networks and restricted access to banking services.
El-Taishi accused junta authorities in Port Sudan of using currency policies, liquidity restrictions, and essential services, including health and education, to exert economic pressure on territories controlled by the Peace Government.
He said the administration has established a Currency Board to oversee monetary policy and currency management while developing the regulatory framework for a sustainable banking system.
El-Taishi described Future Bank as a private commercial institution that has begun providing money transfers and other basic banking services, adding that international recognition would depend on meeting global regulatory standards.
He said currency management remains the responsibility of the Monetary Authority, with liquidity measures guided by technical plans to preserve stability.
The administration currently recognises currency issued before June 2024 and banknotes signed by the governor appointed by the Peace Government, with any future changes subject to technical review.
El-Taishi reaffirmed the administration’s commitment to the independence of monetary institutions and their authority over currency issuance.
