Sudan Embraces Digital Payments to Build a More Inclusive Economy
As part of its vision to transform its economy, the Republic of Sudan announced this week a new commitment to accelerate the transition from cash to digital payments. By joining the United Nations-based Better Than Cash Alliance, the government commits to increasing financial inclusion and transparency, taking steps to build an economy that benefits all citizens.
Moving from cash to responsible digital payments is central to the government’s economic recovery and reform strategy. In particular, digital payments will be critical to the success of the recently announced Sudan Family Support Program, which will provide monthly direct digital transfers to around 80 percent of Sudanese families. The Program seeks to spur economic growth, reduce poverty, and improve food security and health throughout the country.