• $38B the amount Sudan owes in foreign debt – $30 billion in debt arrears
• 1993 the last time the country could get a loan from the World Bank
• 75% the amount the country hopes to get forgiven before it splits source

• » The spit has something to do with it: The size of Sudan’s debt could effectively limit the region’s ability to get a fresh start as it splits into two. Southern Sudanese official Gabriel Changson Chang is making a hard push for the changes before the countries divide. “We want both the north and south to be economically viable,” he says. Current president Omar al-Bashir has made similar claims as well, and with good reason: Half of the country’s population currently lives on less than $1 a day and need some sort of food aid.

Posted by Ernie Smith • Permalink