Medical and Hospital News  
OIL AND GAS
Sudan peace will cost $7.5 billion: finance minister
by Staff Writers
Khartoum (AFP) Oct 9, 2020

Sudan's landmark peace deal with rebels that seeks to end decades of war will cost $7.5 billion, the finance minister has said -- a vast sum for the poverty-stricken nation.

Under the October 3 deal between Khartoum and a coalition of rebel groups, the government pledged to fund major development projects in areas ruined by years of war, including in the western Darfur region.

"The implementation of the peace plan requires at least $7.5 billion over 10 years," Heba Mohamed Ali Ahmed said, according to Sudanese media reports on Friday.

Ahmed made the announcement a day earlier during a discussion with governors and local officials.

Sudan's economy is in crisis, laid low by long years of civil war under Bashir's rule, US sanctions and the 2011 secession of the oil-rich south.

Last month, the government declared a state of emergency to avert a further downturn.

The peace deal covers a number of tricky issues, from land ownership, reparations and compensation to wealth and power sharing and the return of refugees and internally displaced people.

Under the agreement, the government is set to pay $300 million immediately for reconstruction in Darfur, Ahmed said, followed by payments over the next decade totalling $1.3 billion.

"The finance ministry must create an environment favourable to investment in order to encourage the domestic and international private sector to invest in less-developed regions," she added.

Sudan's rebels are largely drawn from minority groups that fought marginalisation under the regime of toppled president Omar al-Bashir.

Economic hardship, which triggered the protests that led to the ouster of Bashir in 2019, remains a huge challenge.

"The success of a peace plan depends entirely on how to solve the basic problems that have caused war and conflict," Ahmed said.


Related Links
All About Oil and Gas News at OilGasDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


OIL AND GAS
Sudanese protesters block key port over peace deal
Khartoum (AFP) Oct 5, 2020
Hundreds of people on Monday blockaded Sudan's Red Sea port to protest against a landmark peace agreement signed at the weekend, complaining that they had been excluded from the deal. The protesters are from among the Beja people, who were angry that representatives who signed Saturday's deal with the government came from the rival Beni Amer tribe. Since Sunday they have blocked the docks and the highway linking Port Sudan, the transit point for most of the country's foreign trade, to the rest o ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

OIL AND GAS
How Aerospace Corp supports the satellites helping wildfire responders save lives

Woes of Beirut rescuers 'microcosm' of troubled Lebanon

'Make it safer': calls grow to reform Myanmar's deadly jade trade

Pandemic panners: Indonesians hunt for gold in desperate times

OIL AND GAS
GPS-enabled decoy eggs may help track, catch sea turtle egg traffickers

Fourth GPS 3 Satellite Encapsulated Ahead of Launch

Government to explore new ways of delivering 'sat nav' for the UK

Tech combo is a real game-changer for farming

OIL AND GAS
Modern humans arrived in Western Europe 5,000 years earlier than thought

Unveiling: Malaysian activist fights for hijab freedom

Did our early ancestors boil their food in hot springs

DNA data shows not all Vikings were Scandinavian

OIL AND GAS
Alien species to increase by 36 percent globally by 2050

Europe's captive tiger trade 'risks spurring illegal demand'

Pet trade threatens thousands of species, especially reptiles

Suspected bacteria infection kills 12 more Zimbabwe elephants

OIL AND GAS
Face masks unlikely to over-expose wearers to CO2, even those with COPD

'Hi, this is the army': In Spain, troops tackle track-and-trace

Grim trends in Europe as Chinese enjoy post-virus Golden Week

Nasal spray reduces exhaled aerosol particles by 99%, study shows

OIL AND GAS
Millions on the move as China eyes holiday bounce

China anniversary arrests as Hong Kong leader hails 'return to peace'

Families fear for Hong Kong fugitives in China custody

Families fear for Hong Kong fugitives in China custody

OIL AND GAS
Death toll rises to 11 in Colombia rioting over police killing

USS Detroit deployed for counternarcotics operations

Mexico to probe extrajudicial killing by army; 6 killed as Peru forces clash traffickers

'Virtual kidnappings' warning for Chinese students in Australia

OIL AND GAS








The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.