{"id":34159,"date":"2023-03-27T17:21:26","date_gmt":"2023-03-27T17:21:26","guid":{"rendered":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/kiir-calls-for-economic-conference-to-revive-economy"},"modified":"2023-03-27T17:41:25","modified_gmt":"2023-03-27T17:41:25","slug":"kiir-calls-for-economic-conference-to-revive-economy","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/kiir-calls-for-economic-conference-to-revive-economy","title":{"rendered":"Kiir calls for Economic Conference to revive economy"},"content":{"rendered":"

Africa-Press – South-Sudan. <\/strong><\/span>South Sudan\u2019s President Salva Kiir on Monday directed the Ministry of Finance and Planning to conduct a national economic conference to address the economic crisis.<\/p>\n

President Kiir said this during the inauguration of the Transitional National Legislative Assembly in Juba on Monday.<\/p>\n

\u201cI am today directing the Ministry of Finance and Planning to organize South Sudan National Economic Conference that will complement the ongoing public finance management reform,\u201d Kiir said.<\/p>\n

He pointed out that the conference will bring together various government institutions and their partners in an attempt to address the challenges beholding the country\u2019s economy back.<\/p>\n

\u201cThis economic conference should bring together all the sectors of our economy and stakeholders, including our development partners. The objective of this conference will be to address the fundamental challenges that are holding our economy back,\u201d he said.<\/p>\n

Kiir said the recommendations of the conference will help the government to find a solution to the economic crisis the country is facing.<\/p>\n

He attributed the poor economic growth to the impact of the Covid-19 pandemic, lower oil production, and flooding.<\/p>\n

More than a decade after independence, South Sudan remains impacted by fragility, economic stagnation, and instability. Poverty is ubiquitous, exacerbated by conflict, displacement, and external shocks.<\/p>\n

The country depends on oil revenues to finance 95 percent of its fiscal budget.<\/p>\n

Reacting to Kiir\u2019s speech, Juol Nhomngek Daniel, a lawmaker representing SPLM-IO in the national parliament, welcomed the call to hold a national economic conference to address economic hardships.<\/p>\n

\u201dThat speech of the President, according to me, is good. The only thing needed is the implementation. We have seen recently about the exchange rate of the US dollar against the pound going up, and prices are going up,\u201d Juol said.<\/p>\n

Edmund Yakani, Executive Director of the Community for Empowerment Organization (CEPO), said the economic conference called for by the president is timely.<\/p>\n

\u201cThis conference is timely, and it is very important because the economic situation we have in this country right now is not that the country does not have economic strength of purchasing power,\u201d Yakani said.<\/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. South Sudan\u2019s President Salva Kiir on Monday directed the Ministry of Finance and Planning to conduct a national economic conference to address the economic crisis. President Kiir said this during the inauguration of the Transitional National Legislative Assembly in Juba on Monday. \u201cI am today directing the Ministry of Finance and Planning […]<\/p>\n","protected":false},"author":84,"featured_media":34157,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,293],"tags":[234,265,233],"class_list":["post-34159","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-to-homepage","tag-africa-press","tag-africa-press-south-sudan","tag-south-sudan"],"yoast_head":"\nKiir calls for Economic Conference to revive economy - South Sudan<\/title>\n<meta name=\"description\" content=\"South Sudan\u2019s President Salva Kiir on Monday directed the Ministry of Finance and Planning to conduct a national economi ...\" \/>\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\/kiir-calls-for-economic-conference-to-revive-economy\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kiir calls for Economic Conference to revive economy\" \/>\n<meta property=\"og:description\" content=\"South Sudan\u2019s President Salva Kiir on Monday directed the Ministry of Finance and Planning to conduct a national economi ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/kiir-calls-for-economic-conference-to-revive-economy\" \/>\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=\"2023-03-27T17:21:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-27T17:41:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2023\/03\/postQueueImg_1679921494.31.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\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\/kiir-calls-for-economic-conference-to-revive-economy#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/kiir-calls-for-economic-conference-to-revive-economy\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Kiir calls for Economic Conference to revive economy\",\"datePublished\":\"2023-03-27T17:21:26+00:00\",\"dateModified\":\"2023-03-27T17:41:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/kiir-calls-for-economic-conference-to-revive-economy\"},\"wordCount\":364,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/kiir-calls-for-economic-conference-to-revive-economy#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2023\/03\/postQueueImg_1679921494.31.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Sudan\",\"South-Sudan\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\",\"to-homepage\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/kiir-calls-for-economic-conference-to-revive-economy#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/kiir-calls-for-economic-conference-to-revive-economy\",\"url\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/kiir-calls-for-economic-conference-to-revive-economy\",\"name\":\"Kiir calls for Economic Conference to revive economy - 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