Kiir Orders New Finance Minister to revive economy

0
944
Dr. Bak Chol Bak, the South Sudan Finance Minister taking oath at the State House in Juba. //Credit: Office of the President
President Salva Kiir has tasked the newly appointed Finance Minister to urgently address the runaway inflation in the country.
The President made the directives at the swearing-in ceremony of Dr. Bak Barnaba Chol Bak on Friday.
The Head of State told the new Minister to stay focused on the job and “not to accept being intimidated by those people who want to run away with public money”.
President Kiir assured the new Minister of his absolute cooperation as he tackled the economic reforms agenda.
Minister Bak said he will work to rein on the inflation, while paying salaries and wages on time, saying the South Sudanese Pound was undervalued and promising a strong response to the country’s economic crisis.
The oath taking ceremony was officiated by Chief Justice Chan Reec Madut.
Dr. Bak Barnaba Chol was appointed on Thursday replacing former Minister Dr. Dier Tong Ngor who has been at the helm of the finance docket since 2022.

LEAVE A REPLY

Please enter your comment!
Please enter your name here