Sudan’s President offers to relieve south of debt

Last Updated: Tuesday, January 11, 2011 - 09:58

Khartoum: Sudan`s President has offered to relieve the south from any debt burden if it votes for independence by assuming the whole USD 36 billion national debt.

President Omar al-Bashir`s office said on Monday that trying to split the debt between the north and a possible new southern nation is of "no use" because the new state would not be able to service the debt.

It appears to be a goodwill gesture from al-Bashir toward the south. The statement however said Sudan`s debt should be scrapped altogether, saying it is the "responsibility of the north, south and the international community”.

The US has offered Khartoum a package of incentives if the referendum goes smoothly.

Southern Sudan is one of the world`s poorest regions.

Bureau Report



First Published: Tuesday, January 11, 2011 - 09:58

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