Central Bank of Sudan Ties Fuel Import Licences to Gold Deposits 

The Central Bank of Sudan (CBOS) has introduced a new requirement obliging fuel-importing companies to deposit 200 kilograms of gold in a move aimed at curbing manipulation in import operations and easing pressure on foreign exchange markets.

Under the new directive, companies seeking licences to import petroleum products must deposit 200 kilograms of 21-carat gold as a prerequisite for obtaining the necessary import authorization certificate. The measure forms part of a new policy intended to tighten oversight of import activities and ensure the availability of tangible resources to support the national economy.

According to the central bank circular, support certificates for the movement of imported petroleum products will only be issued to companies that comply with the gold-deposit requirement. The directive also requires importers to complete shipment-arrival procedures and verify payment within a maximum period of 21 days.