A year after U.S. sanctions ended, Sudan's economy unravels


  • World
  • Monday, 17 Sep 2018

Lawyer Mohamed Mahmoud holds the lock of his safe box behind his desk in Khartoum, Sudan September 6, 2018. REUTERS/Eric Knecht

KHARTOUM (Reuters) - For 22 years Mohamed Mahmoud deposited his law practice's cash in a bank near his Khartoum office. Now, fearful that shrinking limits on withdrawals will mean he can't get his money out, he keeps it in a safe behind his desk.

Restrictions on how much cash is available to commercial banks are among measures aimed at curbing rampant inflation and addressing an economic crisis that could derail President Omar al-Bashir's plan to extend his nearly three decades in power.

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