South Sudan silent on $4.5 bn loan obtained after oil shutdown PaanLuel Wël 10 years ago If indeed we had borrowed $4.5 billion, and we have to pay it back now before austerity measures are relaxed, then what was the point of the austerity measures in the first place since we had the borrowed money? How much national reserves did we have before the oil shutdown and how was that reserves, couple with the loaned $4.5 bn, used? Simply put, did we have to implement budget cuts with $4.5 bn plus the reserves in our coffers? And why is this news about borrowed money surfacing now? Share this:Print South Sudan hopes to raise $1 bnDateFebruary 15, 2013In relation toJunub SudanDespite clashes, oil shutdown is bad for South SudanDateApril 2, 2012In relation toJunub SudanPlanned Government Disarmament Campaign Risks Further Destabilizing Jonglei StateDateFebruary 24, 2012In relation toJunub Sudan
