Central Equatoria State Finance and Economic Planning Minister has disclosed that the state government buys US Dollars currency from black market in streets at high exchange rates of 7.4 per Dollar like ordinary citizens instead of official rate of 3.16.
Juma David Augustine demands the National Finance Ministry and Central Bank to regulate the usage of foreign currency in South Sudan, Radio Easter reported.
He wonders how, where and why there is no dollar in banks, yet streets are flooded with dollars, describing it ‘unacceptable’.
Minister David remains in wonder how the economic question will be answered in South Sudan.