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S. Sudan seeking aid to close budget deficit

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February 9, 2017 (JUBA) - South Sudan is seeking financial support the from donor communities to help close a $ 200 million budget deficit.

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South Sudan’s finance minister, Stephen Dhieu Dau, speaks in Juba, 23 July 2013 (Photo: Larco Lomayat)

The country’s finance minister, Stephen Dhieu Dau said the local currency was depreciating against U.S. dollar because consumer prices in the markets were skyrocketing

“I need support from the donors to come and provide even technical support to the ministry of finance for us to undertake the reform agenda like the establishment of the National Revenue Authority to support the Bank of South Sudan,” said the minister.

He was speaking meeting Germany ambassador who pledged support on behalf of the donor community in the country.

“I have also requested them to support us in the budget deficit. Prices have increased and the cost of living is now unaffordable for majority of the people in the country”.

Speaking on behalf of the donor community, the German envoy to South Sudan, Johannes Lehne said donor countries would continue to support the government to implement the reform agenda stated in chapter 4 of the 2015 peace agreement.

He emphasized the importance of transparency to the donor community Germany provides $1bn every year for humanitarian aid.

“Transparent in the spending is very important for us as we provide support of over one billion dollars to South Sudan every year especially in the humanitarian field, but also development aid and construction as most areas of the country have been destroyed by war,” said Lehn.

Since its independence, South Sudan has relied on oil for all income—a situation that has significantly compounded ongoing political and economic instability due to the fall in crude oil prices.

According to South Sudanese officials, production in the past reached as high as 350,000 bpd but fell after a dispute with Sudan over fees for pumping South Sudan’s crude through Sudan’s export pipeline, which led Juba to halt production in 2012.

South Sudan got the lion’s share of the oil when it split from Sudan in 2011, but it’s only export route is through Sudan, giving Khartoum leverage and leading to ongoing pricing disputes.

(ST)

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  • 9 February 22:36, by Kuch

    Fools, how long are you going to use the name of South Sudan for begging? Equartorians and some Nuers, we are going to bomb the evils you fools often use to toy around with our people and our country.

    repondre message

    • 9 February 22:42, by Kuch

      Did South Sudanese took up arms just to be paid money? We fought superior wars with pay. But the evil juus have taken over some our people who came from Khartoum. Fellows, we don’t evil juus. They are the hyenas of human beings on earth. We are going to bomb the evils out of country though. Fellows, war is here.

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    • 10 February 06:11, by jubaone

      Kuch or Kus,
      First, your rogue minister says the US Dollar rise is cos of skyrocketing food proces in the market, rather the reverse is true. Food prices have gone up as a result of US Dollar rise. How stupid must one be not to understand basic economic principles? Anyway, you cant help a jienge with a fake BSc. They just dont learn things, dull brains.

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      • 10 February 06:53, by koang mi kei

        hahahahahahahaha! south Sudan his nation by her own what involve Uganda and Kenyan on making business while our blind so call themselves government lean their cheap body like lady who surrender herself to cheating man. why do we beg budget again to what? more business with Kenyan,Ugandan. i hope intentional are watching you

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    • 10 February 06:16, by Joyuma John

      Dear All,
      What killing South Sudan is a level of ignorance, where the blind want to watch, for any operation that need eyes to see and non- economist want to be part of economy decision making, and a lame want job for one who can run, non- politician want to run politics which lead to kitchen politics, in all not South Sudan only, all countries depend on one another for efficient running

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    • 10 February 06:21, by jubaone

      Kuch,
      Dont complain, ya jienge. Equatorians nor Nuer are responsible for this mess, you ask Kiir and the Jienge Elder Criminals (JCE). Once you accuse donors of regime change, now you stupidly turn around and ask for their money, what the f**k? Pls. dont cut off the hand that feeds you. Just beg from the Ugandans and Kenyans or Ethiopians, afterall you paid U$10m for James Gatdet Kidnapping.

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    • 10 February 07:45, by Sadam Kuikoy

      Useless government, You need not to begs in the name of South Sudan when her citizens are dying on on daily basis because of hunger. You simply need the money to pay JEM,SPLA-N and Uganda to fight the war for coward Dinka tribal government and to enriched yourselves with the money donated by donors. Useless regime who will accept to give you money when you are best known for corruption? Lol

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  • 9 February 23:10, by James Chol

    He who feeds you, controls you

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    • 10 February 03:46, by Kuch

      Mr. James Chol,
      Who is really feeding us? Yes. Some of our people have taken UN as their as their way to be anyone. The most glaring example is: We just sit around, wait for Jok, Nyantung, Garang, Adeng, Ariet, Galuak, Nyanyai, Puoni, Lado et al; to come to help us>>>

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  • 10 February 01:42, by Repe

    Kenya and Uganda should be able to provide that being good friends of South Sudan.

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  • 10 February 05:34, by Eastern

    This is a foolish call. Why should tribal kleptocrats be funded anyway? Kiir’s tribal government must not be helped because it throws tantrums all the time: whining, blaming, threatening, etc. This is the most backward government in the whole world!

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  • 10 February 05:35, by Black Africa

    Thieves, they want to loot my money from donors in the my name of the people of South Sudan.

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  • 10 February 07:06, by Tilo

    Is so simple, end the war and donors can support you, investors will come to the country. No end to fighting, No donation.
    Once the government have money they will chose war. No money they talk peace. You need money to buy more ammunition to wag war. No way, this time die hard

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  • 10 February 08:12, by Dalta Cirea

    It is good to appealed to international Donors for financial help but International communities are ware of the government corruption practice. I don,t think you will get positive response.

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  • 10 February 10:38, by Kush Natives

    Sometimes, its hard for some patriots like me who really love this country more than himself to debates with 99% rebels in the media, who don’t even acknowledge the diminishing and economic shrinking in the country. There’s no single country in this universe found under rebellion and develop under rebellion. How can you blame the government by not doing enough in construction sectors, while you__

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    • 10 February 10:47, by Kush Natives

      rebels end up looting the all the construction equipment? The government did it in Bentiu few years ago, the Nuers looted all the construction equipment for the purposes of spears out of it, the same thing in Malakal, Jongley as well. The same think in Equatoria, you folks looted all the metal sheets and sold it Uganda. What else do you idiots want this government to do?

      repondre message

      • 10 February 13:09, by hamil

        So in Bar-el-Ghazal they never looted huh? Hahahaha cut your crap little boy. Your assertion of this matter is vague, baseless, flat and lacks substance. South Sudan is destroyed by your greedy people whose hearts don’t know sharing. Your dream of wanting to make this nation a one tribe nation is a pipe dream. You and I will die, your children and mine will die without achieving this pathetic drea

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        • 10 February 15:44, by Kush Natives

          Hamil,
          Your vaginity brains wouldn’t help you at all! Yes, Bhar El Ghazal didn’t do that. Would you dispute it? Narrate one example ______here. I condemned your childish act in strongest terms possible!

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  • 10 February 12:44, by hamil

    Which Donor wants to waste its taxpayers money on a useless government full of brainless uneducated bunch? let them feel the pinch in January 2014 the same donors warned you to peacefully settle this conflict or else it could spiral into a full blown civil war but this useless government laughed off all those warnings. Now why are they crying for help? Finish what you started feel the pain too.

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  • 10 February 12:49, by hamil

    No donor is going to give them even 1 dollar because they love fighting and they don’t want to listen. There is fighting in the oilfields let me us see who is going to bail them from this bankruptcy soon this love affair with China will be over, they will soon get tired of the government asking for loans without better returns.

    repondre message

  • 10 February 12:54, by hamil

    We will swim in this suffering together until these morons acknowledge the fact that they are not better suited to lead this country, they should be brought to a point where they beg the donors and treat all tribes in this nation with Equality. I have never seen a nation whose tribe singles itself as "First Class Citizens" This is utter nonsense and bullshit

    repondre message

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