Sudan: Pols seek debt relief before south becomes independent

posted by
February 8, 2011
Bloomberg    
Posted in News

"Sudanese authorities want creditors to write off much of the country’s $38 billion foreign debt before Southern Sudan becomes independent in July, a minister in the southern government said. Without debt relief, the northern and southern regions are likely to split the debt load, Gabriel Changson Chang, a member of the committee negotiating financial arrangements with the north, said .... Responsibility for the debt is one of the key issues the northern and southern regions must negotiate before the south becomes independent." (02/08/11)

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