Sudanese Pound

"Landep News"

Sudanese Pound

The South Sudanese government accused on Monday the northern government in Khartoum of declaring an “economic war” on the south by the new currency it issued on Sunday.

The secretary-general of the ruling party in South Sudan, the Sudan People’s Liberation Movement, said that an agreement existed between south and north, according to which the north promised not to issue a new currency until six months after the south. South introduced the South Sudanese pound last week.

This violation of the agreement, the south Sudanese leader says, will cost South Sudan $700 million at a time when the new country is beginning delivering its people education, health services, water and electricity.

The people in South Sudan still have Sudanese pounds, that were expected to be withdrawn from the market in time.

By declaring them in the north as illegal tender, the people in South Sudan were left practically penniless. The fact that the Bank of Sudan no longer assumes responsibility for its issuances is considered in the south as an act of economic war.

The leader of the Sudan’s National Congress Party said that the introduction of the new currency in the north will happen gradually so that the South Sudanese too may have enough time to change their money.

The northern Sudan proclaimed a “second republic” in the wake of the proclamation of independence by South Sudan.

The president of the northern Sudan, Omar al Bashir, promised to create an Arabic-speaking Muslim country, with tolerance toward the non-Arabs.

However, the north has many unsolved problems, as the UN agency working in Sudan reported that the Nuba people are submitted to an programmed extermination.

Sudanese Pounds

They spoke, in a report, about mass murder, and common graves, about shelling of villages and deaths of many people. Their reports cannot be confirmed on the field.

A peace with Darfur was reached last week but it is considered that it would not come into effect because it was only signed by one rebel group in that region.

Omar al Bashir was placed under an international arrest warrant for his implication in the crackdown on the Darfur rebels.

Some advocated a lifting of this international warrant for the part he played in the secession of South Sudan, namely for his cooperation with the people in the south, and for the fact that he did not oppose the process, when he could have.

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