Rédaction Africa Links 24 with umajulius
Published on 2024-03-16 09:03:30
On March 1, 2024, South Sudan’s President Salva Kiir made the decision to dismiss Finance Minister Bak Barnaba Chol and appoint Awow Daniel Chuang as his replacement. The announcement was made through a decree read on state television, although no specific reason was provided for Chol’s removal from office. Chol had been appointed just a year prior, in August of the previous year, and his dismissal comes at a time of growing economic challenges in South Sudan, a nation heavily reliant on oil revenue.
One of the key issues facing the country is the depreciation of the South Sudanese Pound against the US dollar, which has occurred in recent months. This has had significant implications for the economy and the livelihoods of many citizens. In response to these challenges, President Kiir deemed it necessary to make a change in leadership at the Finance ministry. Awow Daniel Chuang, the new appointee, previously served as an advisor in the Petroleum ministry and brings his expertise to the role of Finance Minister during this critical time.
The timing of this decision is notable, as it comes shortly after the introduction of an electronic cargo tracking system by the Finance ministry. This new system is aimed at improving revenue collection by monitoring imports and exports to and from South Sudan. A ministerial order was issued to the customs revenue division to ensure the implementation of this system, highlighting the government’s commitment to enhancing transparency and efficiency in revenue collection processes.
The changes in leadership at the Finance ministry and the introduction of the electronic cargo tracking system reflect the government’s efforts to address the economic challenges facing South Sudan. By appointing a new Finance Minister with experience in the petroleum sector and implementing technology-driven solutions for revenue collection, President Kiir’s administration is taking proactive steps to stabilize the economy and strengthen financial management practices.
As South Sudan navigates its way through a turbulent economic period, the government is faced with the task of balancing revenue generation, expenditure, and economic growth. The appointment of Awow Daniel Chuang as Finance Minister signals a shift in leadership and a renewed focus on addressing the country’s economic challenges. With the introduction of the electronic cargo tracking system, the government is also demonstrating its commitment to improving accountability and transparency in revenue collection processes.
Overall, the changes at the Finance ministry and the implementation of the electronic cargo tracking system represent important developments in South Sudan’s efforts to overcome economic adversity. President Kiir’s decision to replace the Finance Minister and introduce new measures for revenue collection underscores the government’s commitment to addressing economic challenges and fostering sustainable development in the country.
Read the original article on Sudan Tribune
