Home | News    Thursday 15 March 2018

South Sudan president admits treasury out of cash


President Salva Kiir attends a session during the 25th Extraordinary Summit of the (IGAD) on South Sudan in Addis Ababa March 13, 2014 (Reuters Photo)

March 14, 2018 (JUBA) - South Sudan President Salva Kiir has openly admitted his country has run out of cash and there was nothing that could be done to fix the economy unless war stops for peace and stability to return to the country in order for investors and other money-generating activities to resume.

The South Sudanese leader attributed the cause of being a cash-strapped nation to the war sparked by the power struggle which resulted into a more than four-year conflict with no resolution in sight despite global and regional efforts to salvage the situation.

Speaking at the swearing-in ceremony of the new finance minister following the sacking of the predecessor Stephen Dhieu Dau on Monday, Kiir said nothing could be done to salvage the loss value of the local currency.

“I want you to work together with other colleagues and institutions to do whatever you can to minimize the current situation. I know we have lost the value of our currency, and there is nothing we can do soon to regain our currency’s value unless we produce, but we should not fold our hands and allow the situation to go out of hand like that. We must try whatever we can,” said President Kiir at a function broadcast by the state-owned South Sudan Broadcasting Corporation on Tuesday.

“The forceful taking of power has brought us now to this stage where we have no money in our bank,” he confessed, confirming what said several government officials at the bank and the ministry of finance.

Finance sources told Sudan Tribune that the central bank was no longer keeping the foreign currency acquired through the sale of the proceeds of the oil, claiming the office was now in charge. The bank, according to the sources, was only receiving and keeping local currency which is acquired from the direct sale of foreign currencies in the parallel market.

Kiir also admitted that the new nation has become a ’laughing stock’ worldwide because of the ongoing conflict.

Observers believe the conflict could be stopped and political differences with various armed and non-opposition groups resolved if the president and his confidants make compromises or demonstrate a willingness to accept and implement the 2015 peace agreement in good faith.


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  • 14 March 2018 22:41, by Naath

    The Dinka tribal gangs’s leader Salva Kiir has just come to his senses that South Sudan is run out of cash. The remaining dollars is being in J1 for Dinka Council of Elders salaries.

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    • 15 March 2018 01:43, by garrak1520

      the central bank was no longer keeping the foreign currency acquired through the sale of the proceeds of the oil, claiming the office was now in charge. What are you (kiir) waiting to dispose of the governor of Central Bank. Kiir not only the president but the treasurer, the question is who will be checking on him: Check and balance? In what country you folks are living in? Enough is enough.

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      • 15 March 2018 03:29, by dinkdong

        Treasury runs out of cash, but your bank accounts are full of cash. Damn you!

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    • 15 March 2018 06:58, by Rumbek S. Sudan

      Mr. president, I thought you will also talk of the high level of corruption in your government. Even what you ordered or decreed Mr. president is not being respected by your very government officials. The system of your government is rotten from the top to the core. Shame on you...

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    • 15 March 2018 12:01, by Jubaa5


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    • 15 March 2018 12:08, by Jubaa5


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    • 15 March 2018 20:28, by Nairobimitot

      It is time to invite Riek Machar for dinner at the secretary of state of South Sudan.

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      • 18 March 2018 04:14, by above king of arabs/muslims

        we do not need the return of another thief(Riek). we are waiting for Kiir to resign along with his remaining corruption officials. south Sudan need new leaders. the one far way from military Ranks. we shouldn’t act like primitives. enough is enough. who hasn’t stole money among the former and current. tribal mentality need to stop among S. Sudanese, it is not helping anyone.

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    • 15 March 2018 20:29, by Nairobimitot

      It is time to invite Riek Machar for dinner at the secretary of state of South Sudan.

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      • 15 March 2018 20:43, by dinkdong

        What do you mean? Are you proud of what is going on, that the "treasury runs out of cash," or are you simply trying to cast blame on Riek? Don’t leave Kiir and 73 other gov’t officials out. They know where the money went.

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  • 14 March 2018 22:42, by Proverbs

    The time for blaming "power hungry" people for poor economic policies has to come to an end. They are not in power remember, you’re in power. You fix it! Poor Kiir, it’s important to surround yourself with people who will disagree with you on policies. They are able to point out what is wrong with the economy. I am afraid that bandits around you can’t do that because—to them economy is booming

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  • 14 March 2018 22:47, by Games

    We are always telling you that we are capable to destroy this country. You had all the helps
    from Eastern Africa, Israel and Egypt but still fail to control the suitation.

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  • 14 March 2018 22:48, by Naath

    The remaining dollars is being kept in J1 for JCE salaries and for bribing for foreigners who are stakeholders in the peace talk to be bias in their mediating.

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    • 14 March 2018 23:01, by Games

      Salva Kiir and his JCE are now in the big trouble. They have to win both war now in order for them to maintain the power. IO in the Bushes and IO-economic in the capital.

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  • 15 March 2018 00:23, by @you

    I will not write anything because of internet fighter:
    I will give them a chance to talk
    After that I can comment on this article:
    And I am sure this article will reach 100 comment:

    VIVA ? IG
    DR.Machar DR Kirr

    Yala amchi num

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    • 15 March 2018 01:11, by Games

      You have nothing to say because you have nothing to back up your arguments.
      Onemore thing, are you saying that the country economy crisis is caused by the Internet?

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  • 15 March 2018 00:51, by lino

    No one was trying to take power by force; rather you introduced violence to South Sudan through ill advices of Bashir Boys to acuse others of attempted coup when you change the democratic debates about power in violence!!!
    You just got irritated when blames were thrown at you; you should have learned from Old Sudan History wars, but Khartoum’s Boys didn’t give a chance to think!

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    • 15 March 2018 00:53, by lino

      Now South Sudan needs 50 years to situation returned to normal!!! It has become a tribalism!!!

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    • 15 March 2018 12:20, by Garang Akeen Tong


      aren,t you, the ones demanding Salva Kiir to step aside in your favourite, during the peace in Adisababa? Tell me what you doing in bush? And why are you killing people?

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      • 15 March 2018 13:47, by lino

        Ya Garang,

        Yes Kiir has to step down in order for the country to go forward! I have never been in the Bush or Ethiopia. What I know, civilians were first killed in Juba and then other cities and towns, and for that asked the president he knows better of what happened than asking me.
        I didn’t know of any civilians killed in the Bush all killed are armed from both sides!!! Go back to roots causes!

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        • 15 March 2018 13:49, by lino

          Don’t look at the results of mess rather than search for the root causes!!!

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      • 15 March 2018 19:35, by jubaone

        Garang Akeen
        There’s absolutely NO need for any peace after these jienge thugs have messed up the country to a point of rot. The opposition can only takeover and clean up the country without this kiirminal. He is a loser and his complete stooges are losers. The opposition can’t do anything from rot. Kiirminal must go.

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        • 15 March 2018 21:48, by Garang Akeen Tong


          This are all song, since 2013, how can you take over and you were defeated militarily?
          Your US, UN, EU, UK are fight on your behave, and the will gain nothing. We know theirs colour, they are wolves in sheep in skin.

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          • 15 March 2018 22:03, by jubaone

            Garang Akeen
            Sadam Hussein, Hitler, Stalin, Gadhafi, Pol Pot, Idi Ami, Bokassa, Pinochet and all other dictators died miserable deaths. God forbid! As long as jienges don’t make their own guns I’m fine. We Equatorians control the SS. The jienges can only fight but can do anything bcoz they are losers and will remain 50 yrs behind Equatoria in terms of intellect. A broken Equatoria =broken SS. Next

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          • 15 March 2018 22:12, by jubaone

            Garang Akeen
            Our Equatorian Corps/Anyanya fought for 17yrs and brought a regional govt that lasted 11 yrs. The jienges fought for 21yrs and brought a rotten govt that lasted only 2 yrs. Then from 2005-2011 was transitional and SS lived at the mercy of jellabas. From July 2011, jienges messed up and made SS a stinking shithole. Losers. A loser will always remain a loser. Case closed. Next

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  • 15 March 2018 01:05, by Eyez

    You’re totally a Jienge idiot, did you think that money grew on trees? You and your JCE mongrels are a curse to this nation, you’ve racked, destroyed and pillaged at will, but soon ya’ll will pay dearly.

    The Jienglisation of SS will be resisted, in all forms and shapes, regardless of what you MTNs do, period!

    G. Equatoria

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    • 15 March 2018 06:50, by jubaone

      There´s only one thing left now; that the Kiirminal commits suicide. Soon you will hear that he has shot himself in the head and all is over. He is tired, confused and done. A real jienge loser. Just dont know how he runs his family. No wonder even "Habbash fake investor" in Juba married one his daughters. See his children, then you have an idea of his family life and leadership qualities

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      • 15 March 2018 09:17, by Jongo

        No No Jubaone
        The Kiirminal Jenge Arian president will not commit suicide he’s a dead walking man he’l die a smooth death by KETOK he’s drunk all the time can’t watch his back together with his former finance minister Due who’s HIV Positives look there’s nothing call out of cash ? where did the money go Answer JCE so till than we just want to see those idiots out of GREATER EQUATORIA

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  • 15 March 2018 01:16, by @you

    To Mr lol gatkuoth what happen today my friend?
    I am just asking you where Do you get the money from,
    While Mr Kirr don’t have a money
    You are like a blind that can put anything to his mouth,
    And will ask for her or his stick.
    You know how to eat but don’t know where to go

    Machar ? Kirr

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  • 15 March 2018 01:35, by @you

    These internet fighter including lol gatkuoth,
    Who say everything was well organized.
    And today No money in central bank.

    Internet fighter are just like him.

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    • 15 March 2018 02:11, by Games

      Sorry man, I missed understood your above comment before.
      I thought you were the one of those who have been defending this rotten regime in Juba.
      Also thank for mentioning that lost man so called Lol Gatkouth.

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  • 15 March 2018 03:25, by Kush Natives

    Now all rebels are dancing hoping that, the country is collapsing, because CEO accept that the country dried out of cash! That’s totally nonsense, this is an another attempt by various organizations including U.N. Kiir is not a President of South Sudan banks. Therefore, better check your IQ first before you start celebrating. South Sudan is moving forward.

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    • 15 March 2018 03:33, by Kush Natives

      This country was founded out with 0$ and progress without ant single dime. If rebels are after money, then they’re free to attack Kenya or Ethiopia where the banks are still hosting dollars. We already have our natural resources, like cow,sheep, goats and farms. Let those who used to U.N. aide go refugees camps. 4.5 millions died without salaries, but ultimately have their lives. So stop nonsense!

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      • 15 March 2018 04:14, by Malakal county Simon


        What’s wrong with you?? You have no shame?? The unwanted president has himself admitted that the bank of South Sudan has run out of cash and that hard for you to understand?? This statement has nothing to do with freedom reforms fighters.... you,re just frustrated and feel sad that’s the president has come out to tells the truth and that it all....

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        • 15 March 2018 04:17, by Malakal county Simon


          You and traitor Ezkiel Lol has been officially embarrassed by the unwanted president for telling truth about no economy booming period.......

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      • 15 March 2018 06:37, by jubaone

        Bush Natives,
        One often thinks the brains of the jienge adult are like that of an Equatorian 2-yr child. It doesnt matter where from, and how food is brought onto the table, what matters is there MUST be food. They have stolen all the money, financed an endless war, borrowed immense debts, but dont know how to generate income. Sell your cows then! Worthless.

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      • 15 March 2018 08:21, by Theallseeingeye

        Kush Natives

        you are a dignified idiot, some of blindfold Gov supporter might be stupid but I guess not to the degree of foolishness that they can believe you rather than Kiir’s confession which state “The forceful taking of power has brought us now to this stage where we have no money in our bank,” at least he has balls to admit that, but he let the cat out of the box

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        • 15 March 2018 08:33, by Theallseeingeye

          you can’t maneuver the point by saying "Kiir is not a President of South Sudan banks", this implies either you naive about the country’s affairs or you are just one of the foreigner (either Kenyan, Ugandan, Habashi who are milking the country) concealing yourself as a South Sudanese, because I doubt there is a Jeinge with such caliber and can express his or her self with such competent

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          • 15 March 2018 08:39, by Theallseeingeye

            back to the point, "this is an another attempt by various organizations including U.N" how can you foolishly accused UN of disseminating false propaganda while in fact its Kiir himself "Your President" who publicly announced. this behavior of yours obviously define you degree of rigidness....

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            • 15 March 2018 08:44, by Theallseeingeye

              Kush Native
              you also said "Kiir is not a President of South Sudan banks". matter of fact Kiir is not only god but God of J1, Kiir has every power and authority to: take or maintain human soul, even Ateny Wake stated "its not God who wanted Riak to live but its the president (Kiie)", Kiir can fire a university professor, even has a power to replace the CEO or members or other political part

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              • 15 March 2018 08:49, by Theallseeingeye

                Kiir is Justice and injustice, he has a power to pardon criminal convicted of any type of crime, rape, looting, public fund embezzlement, human right violation, you name it. he has power to donate from the public fund/reservation, in nutshell is everything. so it was actually a cheap try, look for something else poot Kush

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                • 15 March 2018 08:56, by Theallseeingeye

                  Kush you said "This country was founded out with 0$ and progress without ant single dime" you mean SPLM/A fought and struggle all these years just to deliver nothing (by running this country with 0$)?, perhaps this explain why "there is no money in the Treasury". so does this mean you want all the poor civil servants to go to work and not expect any salary huh!?!?!?!

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                  • 15 March 2018 09:05, by Theallseeingeye

                    lastly Kush you said "Let those who used to U.N. aide go refugees camps.". in fact all South Sudanese including SPLM/A are relying on UN Aid, we have never grown and harvest any thing last years, where do you think your meal (Dura(Angelium/aka william), Maize, is comming from? matter of fact SPLA ransacked WFP warehouse in the capital Juba, why? I guess jubaone is right on his above comment. THANK

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      • 15 March 2018 20:41, by Koryom2

        Kush Natives,
        These losers are living in parallel universe. The losers do not know that these SUDAN TRIBUNE, and Radio Tamazuj articles are always posted by the CIA, MI6 and other foreign agents. These foreign agents even use some South Sudanese who have sold their souls to the devils for a few dimes. And these article are posted by these foreign agents against the govt of South Sudan purposely>>>

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        • 15 March 2018 20:48, by Koryom2

          to alter the opinion of South Sudanese people to what the US, the UK & their allies want in our country---regime change. Have a look on how the CIA, MI6 & other foreign spies have been using some journalists around the world to regime change other countries’ governments:https://www.globalresearch.ca/the-cia-and-the-media-50-facts-the-world-needs-to-know/5471956

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          • 15 March 2018 21:02, by Koryom2

            Have a look on this Mr. Oduhe creep, http://c.newsnow.co.uk/A/928800004?-21266:8599 The idiot is a CIA, MI6 & other foreign agents propagandist. Mr. Kush Natives, the US, the UK & their allies want to let our country borrow money from their IMF & the world Bank cartels & scams. And then the evils would then bleed our country dry & bring their evil juus experts to come & be lecturing us on how to>>

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            • 15 March 2018 21:13, by Koryom2

              manage our economy with their austerity Treasuries that have nothing to do with our our country & our country’s economical needs, but their damn laws & their interests , while at the same time blaming us about the mismanagement of our country resources & our economy. Mr. Kush Natives, the whole damn so-called "high level revitalization forum (HLRF)" being peddled about in the hotels & bars>>>

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              • 15 March 2018 21:23, by Koryom2

                is all about what l just stated above. To handcuffed our country & our people the damn evil corporate America & Europe damn from their IMF & their world banks loan sharks & then the evils can loot our country dry. Almost all African countries are extricating themselves from the damn IMF & the world Bank cartels. But our fools being held hostage in foreign countries by the US, the UK, their UN>>>>

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                • 15 March 2018 21:34, by Koryom2

                  their NGOs and their allies as their bargaining cards are utterly behind the curves of the dirty game their evil corporate America, the UK, their UN, their NGOs and creepy allies sinister project against our country & our people, is our existential threat. Our "national dialogue" right here inside South Sudan and not any rubbish in foreign hotels, brothels & bars>>>

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    • 15 March 2018 04:13, by Games

      Kush Natives
      Stop lying that the country is moving forward. The country is actually moving backwards. South Sudan is also 100% better when Arab North was running it compared to this current conditions under your JCE rules. Entirely population on UN aid, remaining are in neibour countries and UN compound. The school kids are becoming street kids. Wakeup idoit Kush Natives

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    • 15 March 2018 05:39, by Tilo

      This ignorance of u denying the truth is what has made the country situation to deteriorate to the current status. Accept the truth and change the game, people are suffering n you re there saying everything is fine. If you feed through stolen money but not every S. Sudanese does.
      So stop that ur STUPIDITY and reason like every common S. Sudanese. If president himself admit who re u to deny

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  • 15 March 2018 05:07, by EastSudanisHeaven

    Mr Kiir
    The SPLM as a movement died a long time ago with the assassination
    Of Dr Garang , so there was a leadership vacuum since
    The remainder of Southern Sudanese Elites are involved in unstoppable corruption.Now it’s up-to the Ordinary Southern Sudanese citizen to revolt against your Political and disastrous corrupt establishments.
    Your Replacement with an uncorruptable leader is nearing !!

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  • 15 March 2018 06:17, by Eastern

    Kiir is being foolish! The man chose to wage war just so he remains the president. In the cause of waging a futile war, he emptied the national coffers to buy arms and amunitions through dubious people in the UPDF of Uganda, who made millions in commission leaving Kiir to lick his own wounds with the coffers empty!

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    • 15 March 2018 06:42, by jubaone

      That is a typical aryan jienge; foolish, easily screwable and just the ordinary savage. He is impulsive, unpredictable, sinister, malicious, paranoid and an empty bragbag. He just needs to be treated like a small child.

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  • 15 March 2018 07:00, by Sunday Junup

    You should be ashamed of empathized treasure and boost your pockets with cash.

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  • 15 March 2018 07:41, by Raankan

    President accept that the Bank run out of cash, what is next Mr. President? while your people are suffering.

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  • 15 March 2018 07:46, by Lenin Bull

    President Kiir, it is in your power as president of South Sudan to stop the current mess and war in the country so that common innocent civilians can take rest and reclaim their lost dignity and livelihood. What goes around comes around. Oil in Melut is flowing and hard cash/dollars are coming in and being hiden in your office instead of BOSS.

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  • 15 March 2018 07:48, by Lenin Bull

    if you don’t do something soon the war will turn towars you. Read Sun Tzu folks.

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  • 15 March 2018 10:16, by freak king

    Running out of your brain,mr bald would not stop war unless you repent to the freedom fighters.
    Keep bowling,barking and provoking would not save your life.keep digging your own grave.
    IO VIVA ..

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    • 15 March 2018 12:23, by Lenin Bull

      Fucking freak king, don’t celebrate the political statements of President Salva Kiir. He might be telling the public the opposite to confuse the situation. Just pray for peace and let SPLA-IO repent and work for total peace. The government in Juba will be alive and rule for next 30 years whether money or no money in banks in South Sudan.

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  • 15 March 2018 12:27, by Lenin Bull

    Stupid people believe anything writen or said by anybody including gossips, and statement cleverly aired out to confuse the fools like you. Where is the money from oil flowing in Melut? Two days ago Juba government signed contract worth 140 Million US$ with companies for supply of weapons/logistics for the army( Read radio tamazuj). You are ludicrously credulouse fools if you believe Pr.Kiir!!

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    • 15 March 2018 13:04, by Theallseeingeye

      Lenin Bull

      you are in a real dilemma. you better swallow it bitter that"South Sudan’s elite used oil to fund deadly militias, get richer – report " or the president confession that the treasury ran out of cash. both are more reasonable and convenient because after all in both case civil servant have gone unpaid for more the six month.

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  • 15 March 2018 16:08, by jhon

    sure the country out of money when some companies take all the money from us , some companies take more than 100 million dollar for some contracts and they have not done anything , there is one company called narogian company owned by african lenbanese man named mike hassan have taken more than 40 million dollar to build houses and he has not build anything yet and he still requesting money

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  • 15 March 2018 16:11, by jhon

    some other contractors who used to deliver food for the army , make millions of dollars for food and they never deliver anything , they must investigate with all the suppliers and contractors and get the money back from them then we can build our country

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  • 15 March 2018 18:13, by Kenyang ll

    There is illusion with sections of S. Sudanese especially the army that if we continue putting our heads in the sand and wait for 1000 years things will magically turn out fine. We all admired Gen. Kiir personal devotion and services to our cause since 1960s. It’s just that not all good soldiers can make good President and Kiir is one of them.


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    • 15 March 2018 18:44, by Kenyang ll

      The sooner he goes, the sooner peace will return. Rest is all nonsense- waste of time and life. Salva Kiir caused all these by renegading and insisting on undemocratic process of selecting the next SPLM leader, how can he fix it?

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