Hello and welcome to the details of South Sudan president fires finance minister amid an economic crisis and now with the details
Nevin Al Sukari - Sana'a - South Sudan’s President Salva Kiir addresses a news conference at the State House in Juba, South Sudan March 28, 2022. — Reuters file pic
JUBA, March 16 — South Sudan President Salva Kiir has fired the country’s finance minister without giving a reason, although the move comes amid worsening inflation and a sharp depreciation of the local currency against the dollar.
The dismissal of the minister, Bak Barnaba Chol, was announced in a decree read on state TV late yesterday.
As the country’s economic crisis has deepened, some civil servants have also gone for six months without being paid salaries.
Over the past two months the local currency, the South Sudanese pound, has lost about half of its value against the dollar, fuelling a surge in prices of food and other essential goods.
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Chol, 43, an ally of Kiir, was appointed as finance minister last August and had undertaken various reforms including trying to clean the government employee register to get rid of so called ghost staff and also to plug revenue leakages.
Kiir appointed Awow Daniel Chuong, a former minister for petroleum, to replace him. — Reuters
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