Central Bank of Sudan Raises Daily Interbank Transfer Cap to SDG 3 Million Citing Soaring Inflation

Central Bank of Sudan Raises Daily Interbank Transfer Cap to SDG 3 Million Citing Soaring Inflation

07 January, 20262 sources compared
Sudan

Key Points from 2 News Sources

  1. 1

    Raised daily interbank transfer ceiling from SDG 1 million to SDG 3 million

  2. 2

    Measure applies to transfers between banks via interbank accounts

  3. 3

    Bank cited soaring inflation; experts said increase helps cover basic necessities

Full Analysis Summary

Sudan raises transfer ceiling

The Central Bank of Sudan has raised the daily interbank transfer ceiling from SDG 1 million to SDG 3 million.

Authorities present the move as part of wider efforts to expand electronic banking and accelerate digital transformation amid soaring inflation and currency depreciation.

Dabanga Radio TV Online reports the central bank changed the ceiling to support digital banking adoption.

Radio Dabanga states the new limit is framed as a response to inflationary pressures so people can cover basic living expenses.

Coverage Differences

Missed information / Tone

Dabanga Radio TV Online (Other) offers more detailed expert commentary and frames the change within a broader digital-transformation strategy, quoting experts on oversight and anti‑money‑laundering needs. Radio Dabanga (Other) gives a briefer report that focuses on the new limit and the inflationary rationale but omits the full expert warnings quoted by Dabanga Radio TV Online.

Experts on cash cap increase

Banking expert Ibrahim Ahmed Jibril says the hike is necessary because of inflation and the pound’s depreciation, but it raises risks that must be managed.

He urges rigorous oversight, monitoring of repeated transfers, source verification, anti-money-laundering measures, inspections, and heavy fines to ensure compliance.

Economist Shawqi Azmi Mahmoud endorses the move, saying it will encourage account opening and ATM use.

He argues the previous SDG 1 million cap was worth less than about $280 on the parallel market and therefore too low for routine needs.

Coverage Differences

Narrative emphasis

Dabanga Radio TV Online (Other) presents both a cautionary tone (from Jibril) and a supportive economic argument (from Mahmoud), showing internal debate among experts. Radio Dabanga (Other) summarizes the policy change and its inflationary motive but does not relay the same depth of expert back-and-forth.

Policy impacts and risks

Policy changes could increase on-balance-sheet liquidity by diverting transactions away from cash, which economists say can help curb inflation.

Reporting also points to a practical need for a higher cap given severe parallel-market depreciation of the Sudanese pound.

At the same time, the coverage highlights security and compliance risks, notably money-laundering and repeated transfers, that experts say will require central bank oversight and enforcement.

Coverage Differences

Tone / Omission

Both pieces are aligned on the expected macroeconomic intent (boosting electronic transactions and liquidity) but Dabanga Radio TV Online (Other) provides more explicit detail on enforcement measures and AML concerns, whereas Radio Dabanga (Other) sticks to a concise report of the policy change and its link to inflation.

Coverage and sourcing gaps

The coverage is limited to outlets labeled 'Other' (Dabanga Radio TV Online and Radio Dabanga) and appears to draw on the same reporting base.

The more detailed Dabanga Radio TV Online piece includes full expert quotes and policy reasoning, while Radio Dabanga provides a shorter synopsis of the limit increase.

Crucially, no government statement or central-bank press release is quoted, and the Dabanga item itself cuts off "before the final expert comment," leaving that portion incomplete.

This leaves open questions about implementation details, timelines, and official enforcement plans.

Coverage Differences

Source overlap / Missing official voice

Both sources (Dabanga Radio TV Online and Radio Dabanga — both classified as 'Other') report the policy change, but Dabanga Radio TV Online supplies more expert detail and the Radio Dabanga summary is briefer; neither includes a direct Central Bank of Sudan statement, and the Dabanga piece explicitly cuts off before its final expert comment.

All 2 Sources Compared

Dabanga Radio TV Online

Central Bank of Sudan raises daily transfer limit to SDG 3 million

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Radio Dabanga

Central Bank of Sudan raises daily transfer limit to SDG 3 million

Read Original