Economics
Sudan Seeks Foreign Help on Economy as Protests Rage
- Central bank unveils plan to boost revenue, print banknotes
- Soaring living costs have fueled recent nationwide protests
Omar al-Bashir
Photographer: Ludovic Marin/AFP via Getty Images
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Sudan’s central bank governor said the country is seeking funding from unidentified nations to ease its economic crisis, as protests continue against President Omar al-Bashir’s three-decade rule.
Mohamed Khair al-Zubair mentioned possible foreign funding during a Tuesday press conference, outlining a three-month plan to boost revenue, bring in hard currency and print more banknotes. The African nation, which devalued its pound at least three times in 2018, is suffering from severe cash shortages and inflation of almost 70 percent.