Sudan conflict grounds banking

The ongoing conflict in Sudan has caused significant disruption in the banking sector, leaving many Sudanese citizens unable to access their savings as the seven-day ceasefire, agreed upon last week, nears its end.

The clash between Sudanese army chief Abdel Fattah al-Burhan and former deputy Mohamed Hamdan Daglo, who leads the influential paramilitary Rapid Support Forces, has brought the country’s financial system to a standstill.

According to reports, banks initially informed people about the suspension of Western Union services during the initial days of the conflict. However, as safe zones were established in cities where battles did not occur, money started flowing again, and people gradually began to withdraw funds, understanding the precarious situation in the country.

Meanwhile, United Nations Secretary-General António Guterres has expressed unwavering confidence in UN special envoy Volker Perthes after a request was made by General al-Burhan for Perthes to be removed from his position.