By Lodu William Odiya The Minister of Finance, Bak Barnaba Chol Bak has unveiled a new reform strategy aimed at deepening economic cooperation and improving public financial management (PFM) across the country. According to statement issued by the Ministry of information Department of communication yesterday, the remark comes after meeting[Read More…]
Finance
South Sudan eyes infrastructure investment to boost road connectivity, trade
By Alan Clement South Sudan has joined African leaders in Luanda, Angola, for a high-level continental forum convened under the theme “Investing in Infrastructure for the African Continental Free Trade Area and Shared Prosperity.” According to a statement from the Ministry of Finance’s press unit, the Financing for Infrastructure Development[Read More…]
Finance Ministry Disburses October Salaries on Schedule, Reaffirming Timely Payment Pledge
By Lodu William Odiya The Ministry of Finance and Planning yesterday reaffirmed its commitment to the timely payment of salaries for civil servants and the organized forces, announcing that October 2025 salaries have been successfully disbursed. In a statement issued by the ministry, officials confirmed the payments were processed in[Read More…]
Chamber of commerce vows to support digital banking
By Deng Athian The chairman of National Chamber of commerce Mr. Ladu Lukak encouraged the business people to adopt digital banking as secure means of transactions. Lukak was speaking in a meeting convened at the Bank of South Sudan between the Governor Dr. Addis Ababa, Deputy Governor of the Bank,[Read More…]
Finance Minister debunks stealing $15 million
By William Madouk Garang Minister of Finance and Planning, Dier Tong Ngor has debunked rumors that he was under investigation for remitting US dollars 15 million, a public money to his personal account in one of the national banks in the neighboring Country. This comes after a source claimed that[Read More…]
CES cabinet passes over SSP 16 Billion Fiscal budget
Bida Elly David The Central Equatoria State Council of ministers in their meeting on Thursday approved and passed over Sixteen Billion (16,000,000,000) South Sudanese pounds for the fiscal budget 2022/2023 to the parliament for further scrutiny and approval. The proposed budget was presented by the Minister of finance, planning and[Read More…]
Government tasks NRA to raise 100 billion SSP yearly
By William Madouk Garang The Vice President for Economic Cluster, Dr. James Wani Igga yesterday called on National Revenue Authority (NRA) to increase collection of non-oil revenues to 100 billion South Sudanese Pounds (SSP) a year. The VP made the remarks during a one-day’s validation workshop organized by NRA to[Read More…]
Washington IMF team checks financial reforms in Juba
By Philip Buda Ladu A visiting team of the International Monetary Fund (IMF) from Washington has completed a two weeks’ mission to Juba checking on the progress in the implementation of the Rapid Credit Facility (RCF) and Public Finance Management Reforms agenda by the government. Chapter four of the Revitalized[Read More…]
Fake claims headache to finance Minister
By Philip Buda Ladu The Minister of Finance and Planning Agak Achuil Lual has revealed that fake financial claims are the most chaotic scenarios giving him headache as people flock to the ministry claiming payment for forged medical referrals and nonexistent contracts payments. The minister made the revelation while speaking[Read More…]
Meet the former Minister of Finance and Economic Planning Stephen Dheiu Dau
Stephen Dheiu Dau is a South Sudanese politician. He was the Minister of Finance and Planning from July 2016 to March 2018. Dheiu also served as the Minister of Petroleum and Mining in the South Sudan. Currently, he is engaged in farming. Could you kindly introduce yourself? Thank you, my[Read More…]