LIMITED RESERVES, LACK OF HARD CURRENCY HARDEN CRISIS

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Limited national reserves and shortage of hard currency are hardening the economic crisis in South Sudan.

Government spokesperson Barnaba Marial Benjamin was the guest at Monday’s Bakhita Radio Juba Wakeup morning show. He said government reserves and foreign currency allocation were affecting imports, particularly fuel and food.

Dr Marial added that South Sudan is an importing country and it is good that the local Pound holds well because it allows buying more from abroad.

Dr Marial said both Salva Kiir Mayardit and Omar Al Bashir were since Saturday in Addis Ababa, the capital of Ethiopia, to sign a final agreement on post-independence issues that were being ironed out by the negotiating teams.