Financial and Commercial Activities in Western Sudan Drive a Growing Parallel Economy
The Rapid Support Forces are taking steps to establish an independent banking and financial system separate from the Sudanese government, amidst a liquidity crisis, money smuggling, currency deterioration, and the imposition of restrictions on currency exchange and commercial transactions in their areas of control. The forces face challenges in managing liquidity and the monetary system, with widespread use of torn and damaged banknotes, and many citizens relying on banking apps that are not connected to the Central Bank. These issues are compounded by disputes over currency issuance and circulation. Additionally, the Rapid Support Forces aim to establish a parallel economy through gold smuggling and crop trading, which further exacerbates economic and political divisions within the country.
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