VOL. XXXII

NO. 42

24-JULY-1989

Financial and Banking News

BUDGETS AND REVENUES

Sudan Faces Cash Crisis

Faced with a severe cash shortage, the Sudanese Government has printed theequivalent of $125mn, or S1.5bn in local currency, to meet demand from peopleforced to trade in their foreign currency holdings, a spokesman of the CentralBank of Sudan announced last week. The new military regime in Sudan, whichoverthrew the civilian government of Prime Minister Sadiq al-Mahdi on 30 June,has ordered all...