Sudan Introduces New Banknotes Amid Conflict

The Sudanese government's introduction of new banknotes aims to stabilize the economy and diminish the value of funds looted by the Rapid Support Forces (RSF), according to Finance Minister Jibril Ibrahim. Citizens must deposit old notes to receive new 500 and 1,000-pound bills, which has reportedly increased bank deposits and supported military funding amid a two-year conflict that has severely devalued the currency and left many in hunger. While the initiative is seen as beneficial for the banking sector, critics argue it excludes millions in RSF-controlled areas, effectively sidelining their savings and exacerbating economic divides. The government asserts that the move is crucial for financing state projects and addressing the economic fallout from the war, during which RSF soldiers have looted banks and hindered agriculture. The new notes were printed in Russia, highlighting the involvement of foreign powers in the conflict. Overall, this financial strategy has sparked significant debate and concern over its impact on a divided populace.