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Moving Beyond 'Western-Dominated' SWIFT, Using Local Currencies to Save Costs & Boost Trade: Sudanese Minister
Moving Beyond 'Western-Dominated' SWIFT, Using Local Currencies to Save Costs & Boost Trade: Sudanese Minister
Sputnik Africa
Moving Beyond 'Western-Dominated' SWIFT, Using Local Currencies to Save Costs & Boost Trade: Sudanese MinisterThis shift aligns with broader global and... 15.10.2025, Sputnik Africa
2025-10-15T19:02+0200
2025-10-15T19:02+0200
2025-10-15T19:04+0200
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Moving Beyond 'Western-Dominated' SWIFT, Using Local Currencies to Save Costs & Boost Trade: Sudanese MinisterThis shift aligns with broader global and regional initiatives, Dr. Jibril Ibrahim Mohamed, Sudan’s Minister of Finance, highlighted.“That’s what BRICS countries are trying to achieve through BRICS Pay. And hopefully, that's also what the African countries are trying to do through PAPSS [Pan-African Payment and Settlement System],” he told Sputnik Africa.Subscribe to @sputnik_africa Sputnik Africa | X
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Moving Beyond 'Western-Dominated' SWIFT, Using Local Currencies to Save Costs & Boost Trade: Sudanese Minister
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Moving Beyond 'Western-Dominated' SWIFT, Using Local Currencies to Save Costs & Boost Trade: Sudanese Minister
2025-10-15T19:02+0200
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Moving Beyond 'Western-Dominated' SWIFT, Using Local Currencies to Save Costs & Boost Trade: Sudanese Minister
19:02 15.10.2025 (Updated: 19:04 15.10.2025) Moving Beyond 'Western-Dominated' SWIFT, Using Local Currencies to Save Costs & Boost Trade: Sudanese Minister
This shift aligns with broader global and regional initiatives, Dr. Jibril Ibrahim Mohamed, Sudan’s Minister of Finance, highlighted.
“That’s what BRICS countries are trying to achieve through BRICS Pay. And hopefully, that's also what the African countries are trying to do through PAPSS [Pan-African Payment and Settlement System],” he told Sputnik Africa.
Subscribe to @sputnik_africa
Sputnik Africa | X