Kiir told to reform public finance management system

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Kiir told to reform public finance management system
Kiir told to reform public finance management system

Africa-Press – South-Sudan. South Sudan’s President Salva Kiir Mayardit has been urged by a Juba-based advocacy group to reform the country’s public finance management system as provided for in the revitalized peace agreement.

In a statement extended to Sudans Post, the Center for Peace and Advocacy (CPA) said they made the call in the backdrop of the South Sudan government meeting with the International Monetary Fund (IMF).

“The Center for Peace and Advocacy (CPA) has called on Revitalized Transitional Government of National Unity (RTGoNU) to carry out radical reforms and transformations of public financial management systems to ensure transparency and accountability in the country,” the CPA in the statement.

“This call came after, civil leaders held a strategic meeting with officials from the International Monetary Fund (IMF) and World Bank on November 16th, 2021 at Pyramid Hotel in Juba,” they added in the statement.

The advocacy group’s Executive Director, Ter Manyang Gatwech, the only way for South Sudan to recuperate economy is to have a strong system in place that will ensure prudent, transparent, and accountable management of national wealth and resources to build the nation and promote the welfare of the people.

“The Center for Peace and Advocacy (CPA) is deeply concerned about the relaxation members of RTGoNU on the public and financial reforms that stippled in the R-ARCSS. South Sudan is operating without a budget since the parliament is in place. This is a worrying situation for the members of the general public,” the statement stressed.

“The RTGoNU shall ensure that government finances are managed responsibly and that budget execution is enforced in accordance with the law. Debts, arrears, and payments will be audited, fully accounted for, responsibly managed, and controlled. New debt and payables well are issued and undertaken in an open, transparent, and responsible fashion and shall be contracted strictly in accordance with the law,” it added.

It said the government should reform “South Sudan’s existing economic and public sector financial management institutions, to ensure that public financial management of oil and non-oil revenues, the exchange rate, budgetary processes, procurement, management of payroll, public concessions, borrowing, debt, and regulatory agencies are effective, transparent and accountable, free from corruption, compliant with international best practices and the laws of the Republic of South Sudan, and that resources are properly allowed and used for the benefits of the people of South Sudan (article 4.14.10).”

“All revenues, expenditures, deficits, and debts of the RTGoNU shall be accounted for and the information shall be made accessible to the public domain. An annual report which details the RTGoNU financial activities shall be required by the Transitional National Legislative Assembly. CPA is wondering whether the RTGoNU is following the R-ARCSS in letter and spirit. This R-ARCSS is better than nothing in this country.”

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