POOR LAWS CONSTRAIN PRIVATE SECTOR

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Unimplemented and poor laws constrain the private sector in South Sudan, the out-going World Bank country director said.

Laurence Clarke told the press today that laws that could favour investment are not yet in place.

He added that access to finance by the private sector is very limited and the few banks present in South Sudan cannot assist the investors.

Mr. Clarke urged the Chamber of Commerce and local business associations to be strengthened in order to lead the dialogue with the government for the private sector to grow.

Mr. Clarke called on the government and involved stakeholders to ensure that roads are constructed to encourage the private sector and other investors to do business in south Sudan.