Peace talks between the government and the Sudan People's Liberation Army (SPLA) in Kenya took a step forward on 20 December when the two groups came to an agreement on sharing oil revenues, reported the local daily Al-Sahafa. The sides have agreed on a plan to split oil revenues 50/50 - a significant step up from the 17 per cent initially offered to the SPLA by Khartoum. 'This accord will facilitate reaching agreements on the future of the three regions and on power-sharing,' Al-Sahafa quoted Sudanese President Al-Bashir as saying (MEED 9:12:03).
Local press reports suggest that the sides have also been negotiating the practicalities of sharing oil revenues. 'There is a proposal that until a new currency is issued, then there must be two currencies operating simultaneously: the New Sudan pound in south Sudan and the dinar in the north,' a Sudanese source told Al-Sahafa. 'There is also a proposal from the SPLA to have a Bank of South Sudan.'
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