September 17, 2020 (Khartoum)The Central Bank of Sudan announced the abolition of the requirement to deposit in-kind collateral of refined gold equivalent to “10%” of the quantity to be exported. It also
announced the amendment of some policies related to foreign exchange controls.

Sudan is facing worsening economic crises, which have led to an increase in the level of inflation to 166%, and the prices of goods have risen in light of the depreciation of the Sudanese pound against the US dollar to more than 230 pounds per dollar.

According to the bank’s brochure, which was seen by Dardur 24, medicines, medical equipment, production inputs for the pharmaceutical industry, tobacco and cigarette industry production inputs,
communication network equipment and systems, were included in the list of essential commodities allowed to be imported through gold and other commodities.