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CAIRO (Reuters) - Sudan’s new cabinet faces pressure to push through rapid currency reform or risk endangering its path to debt relief and to international financial support for its shaky political transition, diplomats and analysts say.
Failure to devalue the currency has already delayed hundreds of millions of dollars in aid for a flagship, donor-funded welfare programme intended to ease the pain of a long-running economic crisis and the removal of fuel subsidies.
A ministerial overhaul was completed on Monday to include representatives of rebel groups that signed a peace deal with the government last year, an important step in the political transition after the overthrow of Omar al-Bashir in 2019.