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FINANCIAL NEWS
South Sudan to borrow USD1.6 billion
19 Sep 2013
(MENAFN) The Sudanese Finance Minister, Aggrey Tisa Sabuni, reported yesterday that South Sudan is considering borrowing about USD1.6 billion to fund its budget, according to The Peninsula Qatar.
The nation had to stop its oil production for about 16 months, causing the budget to suffer.
Sabuni said that the government wanted to raise USD 2.38 billion in oil revenues as oil production declined 50 percent.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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