The Government of Southern Sudan said it has reached a compromise with the Federal government over the remittance of oil revenues for the South in US Dollars. The Undersecretary in the Ministry of Finance and Economic Planning in the Government of Southern Sudan, Salvatore Garang Mabiordit, said that Khartoum will now remit the oil revenues in hard currency instead of the Sudanese Pounds.
The President of the Government of Southern Sudan, Salva Kiir Mayardit, met on Wednesday with the Southern Minister of Energy and Mining, Garang Deng Akuong, to discuss issues related to oil industry in the region.