Cash Restrictions Come to Sudan as President Battles ‘Sabotage’

(Bloomberg) -- Sudan declared a limit to the amount of hard currency individuals can hold, saying it was necessary to prevent unofficial trading and economic “sabotage” in the North African country rocked by three months of protests.

An order Thursday by President Omar al-Bashir banned government officials from possessing more than 5 million Sudanese pounds (about $105,000) in hard currency, and ordinary citizens from holding over 1 million pounds. Anyone breaking the law will face at least six months in prison, al-Bashir’s office said in a statement.

Why Protests Rage Against Sudan Leader’s 30-Year Rule: QuickTake

©2019 Bloomberg L.P.