Sudan Bans Imports to Support Falling Currency
Prime Minister Kamil Idris has banned imports of luxury items and industrial materials to stabilize the pound. Business groups warn the move may harm the economy.
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The government of Sudan has implemented a sweeping ban on the importation of various food items, consumer goods, and industrial inputs. This drastic measure, detailed in an official document, aims to stabilize the national currency following a significant devaluation. Since late February, the Sudanese pound has depreciated by approximately 10%, reaching a rate of 4,100 per dollar, exacerbated by regional tensions involving the United States, Israel, and Iran.
