Home | News    Thursday 29 December 2011

UK to cancel all of Sudan’s debt by 2014: report

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December 28, 2011 (KHARTOUM) – The British government intends to forgive more than $ 1 billion in debt owed by Sudan over the next few years, according to a report by the Financial Times.

Officials at the UK Department for International Development told the Financial Times that cancelling the debt of countries such as Sudan would be counted as part of the target to spend 0.7% of national income on foreign aid by 2014.

The newspaper said that Britain is expected to relieve Sudan of £740 million ($1.2 billion) in debt.

It noted that Sudan defaulted on its £173m debt to the UK in 1984 under the rule of late President Ja’afar Nimeiri, and ever since it has not made a single repayment.

But with astronomical interests rates that ranged between 10%-12% annually the debt now stands at £678 million ($1.0 billion).

The UK-based Jubilee Debt Campaign, which says that debt repayments and loan conditions cripple economic development in poor countries, criticized the move on Sudan’s debt and suggested that it is simply a smoke screen.

“Any debt cancellation for Sudan is not aid,” said Tim Jones, policy officer at the Jubilee Debt Campaign.

“Most of the debt is made-up money based on ridiculously high interest rates. The debt should be cancelled because it is unjust and unpayable, not used to meet targets and massage figures” he said.

But the UK Department for International Development defended its debt cancellation policy.

“By cancelling debts, we are freeing up money that can then be spent tackling poverty and providing essential services such as schools and hospitals to their people” it argued.

Sudan has been lobbying the international community intensively to have its debt canceled as a reward for letting South Sudan secede peacefully last July.

Sudan and South Sudan are negotiating how to split up the national debt but no progress has been made up so far.

Legal experts say that until a deal is reached between Sudan and South Sudan on splitting up national debt, Khartoum is liable for making the necessary payments.

Most of Sudan’s debt dates back to the days of president Nimeiri. It grew from $9 billion in 1985 to $37.8 billion. The majority of it is owed to the Arab Gulf States of Saudi Arabia and Kuwait.

Last September, the Sudanese foreign minister Ali Karti wanted of economic collapse in his country unless the international community steps in to assist particularly with regards to debt relief.

"We are working also on debt relief with France and others, because debt servicing incurs more than $1 billion annually," Karti told reporters in Paris at the time following a meeting with his French counterpart Alain Juppe.

He said that the world could not simply stand back and watch the economy collapse describing the economy’s woes as "really serious".

South Sudan took 75% of the country’s oil reserves that existed under a united Sudan which meant that the north lost billions of dollars in revenues that have helped fuel an economic boom particularly since a peace agreement was signed between Khartoum and southern rebels in 2005.

The North African nation is now witnessing chronic shortage in foreign currency, soaring inflation rates and decline in value of the pound.

(ST)

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  • 29 December 2011 02:15, by Lang

    Congratulations Sudan! Now you have $35 Billion left.

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    • 29 December 2011 03:14, by omoni jr.

      This is very wrong move made by U.K government.
      British government must put pressure to khartoum government to allow Abyei region that had been stupidly transfered them[u.k].They caused amess and they don’t want to reslove it,and they talk about money while people in Abyei are being butchered everyday and made homeless by terrorst organizations called SAF OR Omar Bashir.

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      • 29 December 2011 03:20, by omoni jr.

        The U.K need to reverse its thoughts about relieving sudan from the debt. Sudan must pay that about of that debt in full payment by 2014 instaed.

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        • 29 December 2011 03:53, by omoni jr.

          i mean amount of that debt.

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    • 29 December 2011 08:25, by Master

      Who said South Sudan is debt free and Sudans to pay it all ?

      Jubilee Debt Campaign Director Nick Dearden said:
      “Too often in the past newly independent countries such as Bangladesh, Zimbabwe and South Africa have inherited unjust debts of past regimes".

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      • 29 December 2011 08:28, by Master

        For those of you who have grain of a literacy and can read english.

        http://www.cmi.no/sudan/doc/?id=964

        Detailed analysis explaining Sudans debt problem was before this government came to power. So pagan can shove his statements of the money was used to kill us up his trumpet ! You pay it or Al Mahadi and Numeri pay it.

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        • 29 December 2011 17:37, by Rommel

          Why don’t you highlight specific sentences or paragraphs that you percieve as validating your position? Surely you don’t expect anyone to plow through 79 pages of information.

          I have read significant portions of the document, however, I have yet to find anything that would give credence to what your on about.

          Repayment of such an odious debt is you cross to bear - alone!

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          • 29 December 2011 17:49, by Rommel

            We are under absolutely no (legal) obligations in regard to *your* debt! Not one cent. During the war [the longest state of our interraction] Khartoum was spending over a million dollars a day on executing the war.

            If we’re going to expend billions of dollars, it’s going to be on acquiring the skills and platforms that will make it possible to reclaim our lands from a certain neighbour.

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    • 29 December 2011 10:38, by Logic

      The debt is truly unjust and harms the poor people more often than the ruthless NCP rulers. But that’s how the global financial system works.

      Ironically instead of the usual northern bigots being grateful, they waste their energy on S. Sudan. But that’s how superiority complex works. lol.lol

      You guys need to check yourselves.

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  • 29 December 2011 05:53, by Paul

    That is prone to changed. It will depends on how much Sudan behaves itself towards neighbors

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  • 29 December 2011 06:29, by mohammed ali

    What a blind hatred!UK should also join Helda Jones in her call to repatriate the stolen money of the poor, starving and marginalized southerners.This should be UNSC order to countries like Australia, so as to stop different tribes from competeing over resources and commiting genocide.SPLA thugs and their families are living in luxury while marginalized pple in SS are dying of HUNGER.It is unfair!

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    • 29 December 2011 06:47, by omoni jr.

      Brother Ali,
      what money are always complaining about? Since 1956,who control the government of sudan?
      SPLA/M has never steal or stolen any money in sudan/south sudan.

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      • 29 December 2011 07:03, by mohammed ali

        Omoni,has never! Are you serious?The auditor general reported tha in 2005-06 there is $ 1.5 billion not accounted for, in 2008-09 the minister of finance said there is$ 2 billions not accounted for.Helda Jones gave a list of 13 minister with huge foregin bank accounts and called for repatriation of this money.H.C.inton, S.Rice and the world bank CEO all called to stop the unprecedented corruption!

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        • 29 December 2011 07:09, by mohammed ali

          In the Auditor general report $ 380 million was allocated for a road which had never happened and not a single centimeter of asphalt was put on the ground.There is a call in southsudannation.com for Kiir and his family to declare his own and his families assets now. Join that call for all SPLA members and you will see wonder!

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          • 29 December 2011 07:17, by mohammed ali

            Omoni, here is the link, in southsudannation.com:

            http://southsudannation.com/gettingtoughon%20joanadams78.htm

            1. US$122.6 million was used to purchase vehicles which cannot be trace.

            4. That the financial statements of the GoSS accounts omitted a commitment made on 5 March 2006 of US$288.0 million in the form of bank guarantee for road works in Northern Bahr el Ghazal State by Eyat Roads

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            • 29 December 2011 07:22, by mohammed ali

              5. That US$7.4million was transferred in the financial year 2006 to BNP Paribas Private Bank, Geneva, not in the name of the GoSS.

              6. That during the 2006 financial year, fifteen government institutions did not submit payrolls, nominal rolls, staff dossiers and other salary related records despite numerous requests by the Ministry of Finance, which has led to the unaccounted US$440.7million

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            • 29 December 2011 07:52, by Ambowl Papakayo

              Dear Mohammed,
              stop talking of auditing in the South while such thing doesn’t take place here in the north. Ministries like Defense and Internal Security take the lion’s share of the taxpayers, but no wonder every citizen sleeps with their hand on heart of what might happen the next day our week. In short, "THERE’S NO BUDGETING TRANSPARENCY IN THE NORTH WITH NCP IN POWER"

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              • 29 December 2011 08:01, by mohammed ali

                Papa, stop pretending to be Nubian , at least bring a name which is close to Nuibian names.Auditor General comes annually and on time.That there is corruption, is true and we are after it and will never defend it even if the whole world is corrupt.But it is not of the type 122 million for cars! which are not even there or 288 million for road which never existed,or 440 million for salaries which..

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                • 29 December 2011 08:11, by mohammed ali

                  were never been paid.All the families of NCP are here in Sudan and not living abroad in luxury.Here they may build a road and exceed a budget by 2-3 millions, favor somebody with a tender,but for something which is not there and hundreds of millions will happen only over our bodies wheather from NCP or the devil.Enjoy your time in Australia Papa,because auditor gn report is on nwespapers these day

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                  • 29 December 2011 10:46, by Logic

                    Looooool

                    Typical, lets defend the NCP, everybody knows the SPLM has bad apples but its amazing how in the eyes of the racist loyalists, NCP is an angel.

                    Street 60, Khartoum contracted for $35m, real cost $5/6m, company owned by former Khartoum governor, Ingaz Road (West) not a single inch of tarmac but over $70m paid, Awad Al-Jaz’s son owns major assets in Malaysia & UAE. Many NCP kids abroad.

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                    • 29 December 2011 13:05, by mohammed ali

                      Logic, you can lol day and night defending corruption and denying facts.These are not my figures, these are the figure of The Auditor General of the SS..I do not know what or where is this street 60, but the Ingaz road ( west) was built in early 90th, it extend from Omdurman to Dongola and was not built from the govenment budget, people paid for it.IT IS THERE, and now it needs maintenance .

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                  • 29 December 2011 10:50, by Logic

                    Police Chiefs, Heads of Departments, Intelligence Senior Officers and many other government officials make up the bulk of the middle class in N. Sudan.

                    Every major contract awarded by the NCP government is beneficial to their members, at least the corruption in S. Sudan can also be attributed to lack of experience, but the NCP is very experienced in stealing public funds.

                    Who are you fooling?

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                    • 29 December 2011 13:15, by mohammed ali

                      Logic, there is need to fool!If Al Gaz son has got property outside Sudan and you can prove it,we will tell him right in his face you are corrupt.We will not defend him by saying"donnot worry,there is corruption in SS,so take it easy!" Police officers,int.officers are the middle class everywhere.Whe a minister steal the money of the poor, you call this lack of experience.Devil advocate wont say so

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                  • 29 December 2011 10:55, by Logic

                    We can throw facts and evidence all day, probably about both sides but to compare a 6yr old child to 21yr old adult doesn’t make sense.

                    If you’re angry at the way some comments are offensive to some northerners! Perhaps you should try being oppressed for over 5 decades then lets see how nice you’ll be to your oppressors.

                    People like you are a sad stain on the intellect of society.

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                    • 29 December 2011 13:24, by mohammed ali

                      Logic,you didn’t throw a single fact,you denyed the report of the Auditor General of SS.Am not angry,am used to this, because offensive comment are worst among southerners themselves tribe against tribe,clan against clan; what would expect from ordinary uneducated people.If hatred is the norm, it wont diffrentiate between S or N.You seem to judge people,I simply leave to,just be honest to yourself

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                  • 29 December 2011 10:59, by Logic

                    But ofcourse your likes wont even accept that there has been gross oppression in the old united Sudan by those claiming a single religion & identity for the entire nation and totally intransigent in doing so.

                    Perhaps when your likes condemn the atrocities being done in your name, then you might see a reduction in the offensive language against your people (Arab elite).

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                  • 29 December 2011 11:03, by Logic

                    You and your likes sound like the pathetic Israeli mouth pieces who defend the actions of the IDF irrespective of the subject being discussed.

                    The same way you guys view Israeli policies against the poor Palestinians, is the same way we view your NCP gov’s policies against the African Sudanese.

                    Get that through your heavily indoctrinated brain.

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                    • 29 December 2011 13:32, by mohammed ali

                      logic, up to now there are over a million Southerners living with us in peace,safty and love, much more than they could find in your promised paradise.Thousand of students and pupils are attending in harmony with their brothers with love and patione.Is there non-African Sudanese? We are all Africans with oldest civilization on Earth and where civilization started in NUBA Land!

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  • 29 December 2011 07:21, by Ambowl Papakayo

    I quote "By cancelling debts, we are freeing up money that can then be spent tackling poverty and providing essential services such as schools and hospitals to their people"
    I wish they had said "By cancelling debts, we’re helping them pay for more weapons from Iran to destroy their people" Nowadays, there are no schools or hospitals in Sudan apart from military trainings and hospitals.
    WRONG MOVE

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    • 29 December 2011 07:28, by mohammed ali

      In Sudan now there are more than 20 univercities. There are more southerners now in Sudan univercities than the entire number of students in all of SS.((Socially, we still have hundreds of thousands if not millions of Southerners still living in the North. We have enough children in Northern schools than those around here, majority of them are in colleges, isn’t this a factor to keep up with that

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      • 29 December 2011 07:29, by mohammed ali
      • 29 December 2011 08:05, by Ambowl Papakayo

        Mohammed,
        Nowadays it’s not the quantity that counts but the quality speaks more. I know the like of you graduate with the opposite of excellent from the University and find a job reserved for you because of your colour or political affiliation. But how many do graduate from Khartoum University (now Khalwa) and remain unemployed?
        You must agree with me that much of Sudan’s resources go to Military

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        • 29 December 2011 08:22, by mohammed ali

          Papa, what colour you are talking about? Prof. Richard Hssan Kalam will not pass you at exam because of your colour in Surgery,neither will do Dr. Luka Piong in political science, or Lama Koul or Moses Machar or..or..During war in the 60 Rumbeak was transfered to KHARTOUM to have equal chances.We are black here and proud of that!

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      • 29 December 2011 17:00, by Rommel

        Mohammed Ali:

        You’re distorting as usual! According to the UNHCR, there are 700, 000 South Sudanese still residing within Sudan, not millions, as you so deceptively assert. The number provided by the UNHCR is still staggering; and can only be viewed as yet another piece of evidence of Juba’s myopic leadership, their incompetence, insatiable greed, neglect and indifference.

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        • 29 December 2011 19:15, by mohammed ali

          Rommel,seems that it is not only your leadership is myopic!I haven’t said millions,these are not my words,I have given you the link to look at it yourself.It is written by Isihah Ibraham a journalist from Juba.I put it between brackets clearly.The article is on Sudan Tribune.Here is the link again:http://www.sudantribune.com/South-Sudan-the-Sudan-need-strong,41058; use your glasses or a magnifier

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          • 29 December 2011 19:24, by mohammed ali

            Rommel, again what is the difference between 700,000 and a million.UN is just giving an estimate and they never reach every place.So, am I distorting facts as usual, or is it the mistrust and suspicion as usual!

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            • 29 December 2011 19:41, by Rommel

              What’s the difference!? The difference (according to you) is by a margin of over 300, 000. Or is that number not significant? You cite and refer me to a journalist, as if he were an authority on the matter. A journalist who hasn’t provided a credible source from which he bases his claims.

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              • 29 December 2011 20:36, by mohammed ali

                Rommel, this differenece is nothing as you admitted yourself that 700,000 is staggering.Did the UN offered a credible source, it was just an estimate.Am refering you to the journalist to tell you am not distorting facts as "usual".Now you want to distort facts by going to another subject ..Abeyei!

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                • 29 December 2011 20:47, by Rommel

                  There you go again - significantly disfiguring my words. I acknowledged that 700, 000 was still staggering, even when reduced from a milion. I did not "admit" that the difference is "nothing"! Where have I stated this!?

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                  • 29 December 2011 21:01, by mohammed ali

                    Rommel, acknowledge and admit , to me there is no difference between the 2 words in this contxt.1000,000 is staggering and so is 700,000 wheather you admitted or acknowledge it, we are not here in a court of law.OK, I withdraw my million to leave you still staggering.This is a very small issue! pple from SS are still living in peace in Sudan,in big numbers and happy to remain there; fact!

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  • 29 December 2011 20:06, by Rommel

    I am not being needlessly suspicious, I am however taking into account your penchant for distortion. You distorted the settlement history of the Abyei for example; you claimed that Deng Majok and the Ngok migrated to Abyei, when in fact Kuol Dongbek had his people settle in the region almost 300 years prior, a full generation before the Misseriya settled in Turda, Muglad.

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    • 29 December 2011 20:25, by Rommel

      You also claimed that the Hague had ruled that the migratory Misseriya have a right to vote! The Hague said no such thing. If you insist on this position, provide the citations from the actual ruling, not the dissenting *opinion* of one judge.

      The Misseriya and the NCP were not happy with the PCA ruling, precisely because it did not afford the Misseriya the right to vote in the Referendum.

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      • 29 December 2011 20:35, by Rommel

        The Ngok have inhabited Abyei since the late 17th century, decades before the advent of the Misseriya. It was Kuol Dongbek (Kwoldit)who guided his people to Abyei and not his descendant (Deng Majok) who lived almost 300 years after their migration into their current homeland.

        They migrated into this specific part of Bahr el Ghazal, hundreds of years before Kordofan became part of Sudan in 1899.

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        • 29 December 2011 20:45, by mohammed ali

          Rommel,..Rommel, and where is your source of the 17 century!It is too complicated to discuss it here.The hague said Ngok and other pple residing in Abeyei have the right to vote, they didn’t spicify migratory or non-migratory.SPLA rejected all proposals coming from different mediators and want to take it by force.They can’t.An amicable solution is good for S & N and most importantly for both tribe

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          • 29 December 2011 20:51, by mohammed ali

            Trust me the people on the ground donnot care about the borders you are fighting for.They were living and mixing together for centuries, we are just spoiling their life with thing they donnot understand, want or they are going to comply with.We can argue for a decade about who come first or second, but this is futile.We should look for giving these a chance to continue their life in peace!

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            • 29 December 2011 21:26, by Rommel

              This is another pathetic claim:

              If the people on the ground do not care about borders - the extent of their respective territories — why then did the Misseriya lay claim to Ngok land in 1966? Why did they lay claim to the Ngol/Ragaba ez Zarga area, only to have it rejected by administrators?

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          • 29 December 2011 21:13, by Rommel

            You are distorting again - as usual.

            The United States and the AU were appealing for South Sudan to compromise further on the Abyei issue after Khartoum rejected the PCA ruling; a ruling that was understood to be both binding and final on both sides, and one that was initially recieved in a frisson of celebratory triumphalism by Khartoum.

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  • 29 December 2011 21:06, by Rommel

    You wish to know my sources, do you?

    My sources are:

    K. D. D. Henderson, ‘The migration of the Messiria into south west Kordofan’, as well as K. D. D. Henderson’s ’Standard history of the Humr’.

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    • 29 December 2011 22:45, by mohammed ali

      Rommel,yeah Henderson said Ngok had their settlement near Bahr Al Arab for two centuries.But what is his source, what is his evidence or proof.You cannot call this a source and will not be accepted as material evidence.These are people who want to complicate things.Fact on the ground is that these people living and mixing for centuries.We must let them continue to live in peace.Force wont work!

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