Sudan Events- Rehab Abdullah
The Central Bank of Sudan ( CBS)announced the launch of a financing portfolio for cooperation led by the Bank of Khartoum and with unofficial resources of$ 1 billion under direct supervision and control of the Central Bank (CBS) .
The Bank of Sudan said in a press statement, Thursday, that this process aims to ensure the allocation of foreign exchange and through integration and coordination of effective employees related to it, calling for the provision of non-cash to importers to import strategic products and chose with transparency, and the central pledge to continue its efforts and in coordination with banks and various partial government financial institutions of foreign currencies unable to register original documents on formal loans and coordinate the exchange rate.
The bank said that it will issue a circular to banks to work according to the work mechanism to preserve some features in import controls.
