Economic
Shendi Executive Director: Currency Exchange Sparks Economic Activity
Shendi – Rehab Abdullah
Khalid Abdel-Ghaffar, the Executive Director of Shendi Locality, stated that the decision to replace the national currency has generated economic activity and strengthened relations between citizens and banks. He emphasized that the decision was crucial for economic recovery and would have far-reaching effects.
During an inspection visit by the Security Committee to local banks in Shendi on Thursday, Abdel-Ghaffar noted the citizens’ positive reception of the decision to extend the exchange period. He urged those who have not yet exchanged their money to seize the remaining time.
He highlighted the extensive efforts by the High Committee for Currency Exchange to secure the transfer of cash to the Central Bank in Atbara. He commended the significant roles played by police forces, intelligence agencies led by Colonel Ahmed Farah, and the Third Infantry Division in ensuring security during the currency transportation process from Shendi to Atbara.
Abdel-Ghaffar also acknowledged the media’s role in raising awareness and spreading information about the currency exchange, facilitating citizens’ access to bank services and encouraging them to open accounts. He described the currency exchange process in Shendi as successful and free of issues, maintaining stability and security.
On the other hand, the Manager of the Sudanese Agricultural Bank’s Shendi branch, Essam Saleh Mohamed Saleh, confirmed the smooth continuation of the currency exchange process. He noted that the third phase began on January 1, 2025, and will conclude by January 6. He reported receiving substantial deposits exceeding 1.5 trillion Sudanese pounds, which were transferred to the Central Bank in Atbara.
Saleh praised the security agencies for their efforts and stated that counterfeit currency cases were minimal due to preemptive measures by law enforcement. He revealed that the bank has nine branches in the state, three of which are in Shendi, and stressed the importance of receiving additional funds from the Central Bank to meet customer demands.
According to field reports, the extension of the currency exchange process has proceeded smoothly and in an organized manner during its second day.