{"id":34054,"date":"2023-03-25T17:06:43","date_gmt":"2023-03-25T17:06:43","guid":{"rendered":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp"},"modified":"2023-03-25T17:50:21","modified_gmt":"2023-03-25T17:50:21","slug":"finance-ministry-on-the-spot-over-a-sickly-ssp","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp","title":{"rendered":"Finance ministry on the spot over a \u2018sickly\u2019 SSP"},"content":{"rendered":"

Africa-Press – South-Sudan. <\/strong><\/span>The council of ministers has ordered the ministry of finance and planning to submit a thorough report on the current financial status of the country.<\/p>\n

Michael Makuei, minister of information and government spokesperson, said the government was worried about the sharp dollar exchange rate against the South Sudanese Pound \u2013 SSP.<\/p>\n

\u201cThe minister of finance and planning presented a briefing to the cabinet on the financial status or the exchange rate at present, and the Cabinet decided that this is a big topic and it cannot be presented under any other business. So he (Dier Tong Ngor) has been directed to make a presentation to the Cabinet in the next meeting,\u201d Makuei told journalists.<\/p>\n

When asked if the government was concerned about the recent sharp rise in inflation, Makuei responded: \u201cOf course, the government does not want that to happen, which is why it is critical that a proper presentation is made so that the cabinet is well informed and can make appropriate decisions.\u201d<\/p>\n

\u201cHow can we not be worried and it is something that is affecting the population, affecting the people of South Sudan.\u201d<\/p>\n

As of yesterday, $1 was being sold at SSP 890 while $1 was at SSP 910 when buying<\/p>\n

In contrast, the Bank of South Sudan\u2019s governor stated in a press release issued on Thursday that the bank would continue to intervene by auctioning US dollars 5 million each week to commercial banks and forex bureaus and would raise the amount as needed.<\/p>\n

The Bank\u2019s Governor, Jonny Ohisa, stated that the fiscal and monetary authorities are collaborating closely to implement the public financial management and accountability reform, which is intended to restore macroeconomic stability.<\/p>\n

He also blamed the tight financial conditions in both the domestic and international markets for the subsequent increase in the exchange rate.<\/p>\n

However, the Public Financial Management and Accountability Act 2011 Amendment Bill 2023 was approved by the cabinet yesterday during the regular Council of Ministers meeting, and the next and final stage it will go to for approval and enactment is the parliament and the office of the President for signature so that it becomes a law.<\/p>\n

The Act establishes procedures to control the public finances of the government, ensure accountability, regulate budget and appropriation bills, establish reserve revenue, contingency, and consolidated funds, and regulate borrowing and lending.<\/p>\n

Source: The City Review South Sudan<\/b><\/p>\n

For More News And Analysis About South-Sudan<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – South-Sudan. The council of ministers has ordered the ministry of finance and planning to submit a thorough report on the current financial status of the country. Michael Makuei, minister of information and government spokesperson, said the government was worried about the sharp dollar exchange rate against the South Sudanese Pound \u2013 SSP. \u201cThe […]<\/p>\n","protected":false},"author":84,"featured_media":34053,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[234,265,3929,2688,233],"class_list":["post-34054","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-south-sudan","tag-dier-tong-ngor","tag-michael-makuei","tag-south-sudan"],"yoast_head":"\nFinance ministry on the spot over a \u2018sickly\u2019 SSP - South Sudan<\/title>\n<meta name=\"description\" content=\"The council of ministers has ordered the ministry of finance and planning to submit a thorough report on the current fin ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Finance ministry on the spot over a \u2018sickly\u2019 SSP\" \/>\n<meta property=\"og:description\" content=\"The council of ministers has ordered the ministry of finance and planning to submit a thorough report on the current fin ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp\" \/>\n<meta property=\"og:site_name\" content=\"South Sudan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-25T17:06:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-25T17:50:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2023\/03\/postQueueImg_1679747810.75-641f340eed8f4.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Finance ministry on the spot over a \u2018sickly\u2019 SSP\",\"datePublished\":\"2023-03-25T17:06:43+00:00\",\"dateModified\":\"2023-03-25T17:50:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp\"},\"wordCount\":408,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2023\/03\/postQueueImg_1679747810.75-641f340eed8f4.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Sudan\",\"Dier Tong Ngor\",\"Michael Makuei\",\"South-Sudan\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp\",\"url\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp\",\"name\":\"Finance ministry on the spot over a \u2018sickly\u2019 SSP - South Sudan\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2023\/03\/postQueueImg_1679747810.75-641f340eed8f4.jpg\",\"datePublished\":\"2023-03-25T17:06:43+00:00\",\"dateModified\":\"2023-03-25T17:50:21+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"The council of ministers has ordered the ministry of finance and planning to submit a thorough report on the current fin ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2023\/03\/postQueueImg_1679747810.75-641f340eed8f4.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2023\/03\/postQueueImg_1679747810.75-641f340eed8f4.jpg\",\"width\":1000,\"height\":600,\"caption\":\"Finance ministry on the spot over a \u2018sickly\u2019 SSP\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/south-sudan\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Finance ministry on the spot over a \u2018sickly\u2019 SSP\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/#website\",\"url\":\"https:\/\/www.africa-press.net\/south-sudan\/\",\"name\":\"South Sudan\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/south-sudan\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Finance ministry on the spot over a \u2018sickly\u2019 SSP - South Sudan","description":"The council of ministers has ordered the ministry of finance and planning to submit a thorough report on the current fin ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp","og_locale":"en_US","og_type":"article","og_title":"Finance ministry on the spot over a \u2018sickly\u2019 SSP","og_description":"The council of ministers has ordered the ministry of finance and planning to submit a thorough report on the current fin ...","og_url":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp","og_site_name":"South Sudan","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2023-03-25T17:06:43+00:00","article_modified_time":"2023-03-25T17:50:21+00:00","og_image":[{"width":1000,"height":600,"url":"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2023\/03\/postQueueImg_1679747810.75-641f340eed8f4.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/south-sudan\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Finance ministry on the spot over a \u2018sickly\u2019 SSP","datePublished":"2023-03-25T17:06:43+00:00","dateModified":"2023-03-25T17:50:21+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp"},"wordCount":408,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2023\/03\/postQueueImg_1679747810.75-641f340eed8f4.jpg","keywords":["Africa Press","Africa Press-South-Sudan","Dier Tong Ngor","Michael Makuei","South-Sudan"],"articleSection":["all news","economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp","url":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp","name":"Finance ministry on the spot over a \u2018sickly\u2019 SSP - South Sudan","isPartOf":{"@id":"https:\/\/www.africa-press.net\/south-sudan\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2023\/03\/postQueueImg_1679747810.75-641f340eed8f4.jpg","datePublished":"2023-03-25T17:06:43+00:00","dateModified":"2023-03-25T17:50:21+00:00","author":{"@id":"https:\/\/www.africa-press.net\/south-sudan\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"The council of ministers has ordered the ministry of finance and planning to submit a thorough report on the current fin ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp#primaryimage","url":"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2023\/03\/postQueueImg_1679747810.75-641f340eed8f4.jpg","contentUrl":"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2023\/03\/postQueueImg_1679747810.75-641f340eed8f4.jpg","width":1000,"height":600,"caption":"Finance ministry on the spot over a \u2018sickly\u2019 SSP"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/finance-ministry-on-the-spot-over-a-sickly-ssp#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/south-sudan\/"},{"@type":"ListItem","position":2,"name":"Finance ministry on the spot over a \u2018sickly\u2019 SSP"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/south-sudan\/#website","url":"https:\/\/www.africa-press.net\/south-sudan\/","name":"South Sudan","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/south-sudan\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/south-sudan\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/south-sudan\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/south-sudan\/wp-json\/wp\/v2\/posts\/34054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/south-sudan\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/south-sudan\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/south-sudan\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/south-sudan\/wp-json\/wp\/v2\/comments?post=34054"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/south-sudan\/wp-json\/wp\/v2\/posts\/34054\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/south-sudan\/wp-json\/wp\/v2\/media\/34053"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/south-sudan\/wp-json\/wp\/v2\/media?parent=34054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/south-sudan\/wp-json\/wp\/v2\/categories?post=34054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/south-sudan\/wp-json\/wp\/v2\/tags?post=34054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}