{"id":54991,"date":"2024-03-19T11:29:27","date_gmt":"2024-03-19T11:29:27","guid":{"rendered":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/kiir-urges-new-finance-minister-to-address-economic-crisis"},"modified":"2024-03-19T13:53:09","modified_gmt":"2024-03-19T13:53:09","slug":"kiir-urges-new-finance-minister-to-address-economic-crisis","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/kiir-urges-new-finance-minister-to-address-economic-crisis","title":{"rendered":"Kiir urges new Finance minister to address economic crisis"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; South-Sudan. <\/strong><\/span>South Sudan\u2019s President Salva Kiir has urged the new Finance minister, Awou Daniel Chuang to tackle inflation and the economic crisis in the country.<\/p>\n<p>He was on Monday speaking at the swearing in of the new minister, an event also attended by Central Bank of South Sudan governor, James Alic Garang.<\/p>\n<p>The South Sudanese leader expressed confidence in the Finance minister\u2019s track record, urging him to implement policies that will uplift the country\u2019s economy.<\/p>\n<p>Acknowledging the severity of the economic crisis, Awou vowed to take decisive actions to curb hyperinflation and stabilize consumer market prices in the country.<\/p>\n<p>South Sudan currently faces a complex economic situation and addressing the root causes of the problem will require good governance and financial reforms.<\/p>\n<p>According to the World Bank, inflation in South Sudan reached 254% in 2021, making it one of the highest inflation figures globally. The hyperinflation is mainly due to the country\u2019s weak currency, the South Sudanese Pound (SSP), which has significantly lost value against major currencies, like the US Dollar and Euro.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/south-sudan\">South-Sudan<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; South-Sudan. South Sudan\u2019s President Salva Kiir has urged the new Finance minister, Awou Daniel Chuang to tackle inflation and the economic crisis in the country. He was on Monday speaking at the swearing in of the new minister, an event also attended by Central Bank of South Sudan governor, James Alic Garang. The [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":54990,"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-54991","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":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Kiir urges new Finance minister to address economic crisis - South Sudan<\/title>\n<meta name=\"description\" content=\"South Sudan\u2019s President Salva Kiir has urged the new Finance minister, Awou Daniel Chuang to tackle inflation and the ec ...\" \/>\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-urges-new-finance-minister-to-address-economic-crisis\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kiir urges new Finance minister to address economic crisis\" \/>\n<meta property=\"og:description\" content=\"South Sudan\u2019s President Salva Kiir has urged the new Finance minister, Awou Daniel Chuang to tackle inflation and the ec ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/kiir-urges-new-finance-minister-to-address-economic-crisis\" \/>\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=\"2024-03-19T11:29:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-19T13:53:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2024\/03\/sm_1710838062.821076.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1728\" \/>\n\t<meta property=\"og:image:height\" content=\"1151\" \/>\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-urges-new-finance-minister-to-address-economic-crisis#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/kiir-urges-new-finance-minister-to-address-economic-crisis\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Kiir urges new Finance minister to address economic crisis\",\"datePublished\":\"2024-03-19T11:29:27+00:00\",\"dateModified\":\"2024-03-19T13:53:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/kiir-urges-new-finance-minister-to-address-economic-crisis\"},\"wordCount\":195,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/kiir-urges-new-finance-minister-to-address-economic-crisis#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2024\/03\/sm_1710838062.821076.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-urges-new-finance-minister-to-address-economic-crisis#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/kiir-urges-new-finance-minister-to-address-economic-crisis\",\"url\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/kiir-urges-new-finance-minister-to-address-economic-crisis\",\"name\":\"Kiir urges new Finance minister to address economic crisis - 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