Khartoum: The Governor of the Central Bank of Sudan (CBOS), Amina Mirghani Hassan Al-Toum, met on Thursday in Port Sudan with the Banks’ General Managers, in the presence of Deputy Governor Mohamed Osman Ahmed and a number of senior CBOS officials, to discuss priorities for the next phase of the banking sector.
According to Sudan News Agency, the CBOS Governor underscored the importance of cooperation between the Central Bank and commercial banks to ensure the success of monetary policies and achieve financial stability. She commended the resilience of the banking system and its continued national role despite the difficult conditions imposed by the war, while also expressing appreciation for the efforts of former Governor Burai Siddig Ali Ahmed in maintaining the stability of the banking system and the exchange rate during a highly challenging period.
The CBOS Governor affirmed that the Central Bank would work in a spirit of partnership and integration with the banks, emphasizing that the coming stage requires transparency, professionalism, and strong institutional discipline. She noted that CBOS will continue implementing policies aimed at stabilizing the exchange rate, curbing inflation, managing liquidity, and monitoring the use of foreign currency.
The CBOS Governor Amina Mirghani also referred to the ongoing arrangements for managing national currency denominations, completing the replacement process, and issuing new notes. She highlighted CBOS efforts to develop the banking system, strengthen supervision, enhance financial inclusion, and advance digital transformation through the unified instant payment digital platform project.
She urged banks to direct financing toward productive sectors such as agriculture, industry, and exports, and to support microfinance, small, and medium-sized enterprises.
The CBOS Governor further called for strict adherence to anti-money laundering and counter-terrorism financing regulations, and for accelerating the reopening of bank branches in Khartoum and other secure states.
She also pointed to CBOS efforts to expand correspondent banking relations with friendly countries, reaffirming Sudan’s keenness to build new international banking relationships.
The CBOS Governor outlined the Central Bank’s vision for organizing gold exports and the import of strategic commodities.
Concluding the meeting, the CBOS Governor emphasized that the coming phase represents a comprehensive institutional reform process that requires commitment and discipline from all stakeholders, noting that periodic meetings between CBOS and the banks will continue to follow up on implementation, address challenges, and support efforts to stabilize the national economy.