Home | News    Tuesday 12 January 2010

Somalia signs currency printing agreement with Sudan

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January 11, 2010 (KHARTOUM) – A batch of new Somali currency will be printed in Sudan following an agreement signed in Khartoum today, Sudan state media reported.

The Managing Director of Sudan’s Currency Printing office Mohammed Al-Hassan Al-Bahi signed for Sudan Government while the Somali Finance Minister Sharif Hassan Sheikh signed for his government.

The cost of the printing process will top $17 million, SUNA reported

The Sudanese minister of Finance and national economy Awad Al-Jaz and the governor of Sudan’s Central Bank Saber Mohammed Al- Hassan were present at the ceremony.

Al-Jaz noted the “historical relations” between the two countries adding that the printing of the currency can contribute in realizing stability and development in Somalia. He said that Sudan’s experience in as a country emerging from conflict can be a good experience for Somalia.

The Somali minister hailed Sudan’s efforts in achieving peace saying that the presence of legal currency would contribute positively to the economy.

Somalia has been seeking Sudan’s help in rebuilding its government’s institution and security forces in a bid to assert control over the lawless country. The issue of currency was discussed during the visit of Sharif Hassan to Sudan last year.

Somalia has had no effective central government for 19 years. Regional and international efforts to install one have so far been undermined with rampant insecurity fueled by Al-Shabab Islamic insurgency.

(ST)

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  • 12 January 2010 09:40, by John Sebit

    Dear Leaders this is authentically a prove that Sudan is amongs the teror country.
    Why Sudan always make relation with terror Suspect Country if they are not suspected as well? for example Sudan has relationship with LRA, Iraq, Pasitan & now Solmalia
    Therefore we who always defend Bashir’s arrest warrant by ICC will now prove the case & no longer be his or her friend.
    As far as the Southern Sudan is concern, I personally don’t support this relationship.

    repondre message

    • 12 January 2010 15:00, by Deng Thiak Adut

      Sooner or later, we must expel every Somalian residing in the South. We don’t need terrorist in the South at the moment, not even refugees since we cannot afford repatriate our Internal Displace People. I believe they are capable of doing evils or committing any terrorism act. WE must quickly construct consequential criminal remedies far more worse than single terrorism or criminal act committed by them. If they can do it to Kenyan or Ugandan or Tanzanian why not Southern Sudan.....??
      However, WE care less about "currency printing agreements" activities if they are not happening in the South. It is just a contract and binding on The Sudan and Somalia and not The South and Somalia. Further, we must be very careful about counterfeit money or money laundering activities by Foreigners especially Somalian and others. Separate Criminal punishment must apply to them, and must be punish harshly so that similar offences must be deterred.... Those counterfeit "prints" copies of the Somalia Illegitimate Tender must not be circulated into the South, since North is quiet aware that South is on her way to independent Nation, the devilish tender can be use to subsides her lost.... So be careful SOUTH SUDAN.

      repondre message

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