The South Sudan Minister of Finance and Planning Agak Achuil Lual has made a dramatic U-turn on the statement that the country’s oil proceeds have been sold in advance. On May 5, 2022, the Achuil was quoted by local media to have said the country’s oil has been sold until 2027, five years from now. […]
By Awan Achiek The long-awaited opening of freedom bridge will happen on 19th May 2022, a senior government official announced on Friday. Speaking to journalists on Friday after a regular cabinet meeting in Juba, Information Minister Michael Makuei Lueth said the bridge will be inaugurated by President Salva Kiir on 19th of this month. “The […]
The South Sudan economic reforms are stagnating because some greedy individuals want to control the exchange rate in the black market, the Central Bank Governor Moses Makur Deng has claimed. “Some powerful people want the black-market rate and official rate. They want to get dollars at the official rate and sell at the black market […]