New ‘South Sudan Pound’ To Have Garang’s Face The Government of Southern Sudan has proposed features of the new South Sudan currency, among them is the face of the late Dr. Garang. The new currency will replace the current Sudanese Pounds. 16 March 2011 New ‘South Sudan Pound’ To Have Garang’s Face GOSS Finance Minister H.E Deng Athorbe Interviewed in Juba [©Gurtong]
By Waakhe Simon Wudu Juba, 15th March [Gurtong] - The Government of Southern Sudan has proposed features of the new South Sudan currency, among them is the face of the late Dr. Garang. The cure to replace the current Sudanese Pounds. While speaking to Gurtong, the Minister of Finance and Economic Planning of the Government of Southern Sudan –GOSS H.E Deng Athorbe in Juba, he said that the face of Dr. John Garang will feature on one side of the note. “On one face is the face of Dr. Garang, the Hero. The other face reflects our wealth, culture, and climatic conditions. The highest denomination is 100 then 50, 25, 20, 10, 5 and 1 pound. Then in piaster we have 10, 5 and 1,” Deng confirmed. Deng said that the new currency will be called “South Sudan pound”. The GOSS plans to have the new currency in circulation by July when South Sudan officially becomes an independent nation. He however expressed challenges limiting the plan. “Unfortunately most companies are still in fear because South Sudan is not yet an independent nation,” said the Finance Minister. He said that following post referendum arrangements and agreements on currency between the Sudan People’s Liberation Movement-SPLM and National Congress Party-NCP, the two parties have agreed on South Sudan to produce its own money. In a related issue following complains in South Sudan about the circulation of fake Sudanese pounds in the market, the Minister confirmed the sinister and said law enforcers are not doing enough in cracking down criminals behind. “Any body found issuing fake currency is to be arrested and put to jail. Once this decision is done then the others will stop,” said Athorbe. In an earlier exclusive interview with the GOSS Minister of Legal Affairs and Constitutional Development H.E John Luk Jok, already two groups printing fake Sudanese pounds are arrested and are under investigation. He called all Southern Sudanese to be responsible and report any known people behind printing fake currency. John Luk said that, the intention of the black-marketers is to destroy the economy of Southern Sudan. “Those involved in production of fake currencies want to destroy the South Sudan economy,” he said. Posted in: Home -- You received this message because you are subscribed to the Google Groups "JFD info" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/jfdinfo?hl=en.
