{"id":7243,"date":"2022-01-07T12:34:38","date_gmt":"2022-01-07T12:34:38","guid":{"rendered":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/south-sudans-economic-growth-prospects-brighter-economist"},"modified":"2022-01-07T13:55:38","modified_gmt":"2022-01-07T13:55:38","slug":"south-sudans-economic-growth-prospects-brighter-economist","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/south-sudans-economic-growth-prospects-brighter-economist","title":{"rendered":"South Sudan\u2019s economic growth prospects brighter \u2013 economist"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; South-Sudan. <\/strong><\/span>A senior economist has said the prospects of South Sudan\u2019s economic growth look brighter.<\/p>\n<p>In an exclusive interview with The City Review, Dr Abraham Maliet Mamer who is the economic advisor in the office of the Vice President for the Economic Cluster, said the current indicators suggest that the economy will be stronger this year.<\/p>\n<p>He said the improvements in infrastructure are one of the positive indicators expected to accelerate economic growth in the country.<\/p>\n<p>\u201cThe government is embarking on infrastructure and given the high needs of our country,\u201d said Maliet.<\/p>\n<p>He said some areas produce a lot of food, they are not linked to areas of consumption.<\/p>\n<p>\u201cIf we had roads linking areas of production to areas of consumption, that itself is an indicator of economic growth.\u201d<\/p>\n<p>Dr Maliet said peace is one of the potential stimulants for economic growth, particularly in production-oriented areas like Northern Bahr el-Ghazal, Western Equatoria, Warrap, and Eastern Equatoria.<\/p>\n<p>\u201cRelative peace is an indicator that our economy can accelerate because if there is peace, people can trade and some products can reach the market,\u201d Maliet said.<\/p>\n<p>\u201cThe South Sudanese as a people have embarked on a service economy,\u201d he said. \u201cIf you go around Juba, you can find internet caf\u00e9s\u2026if people can communicate with cities and remote areas. That means there is an economy going on.\u201d<\/p>\n<p>Dr Maliet said he was very optimistic as the indicator shows a soft entry into a subtle economy.<\/p>\n<p>\u201cI believe that internationally we are gaining the momentum for peace.\u201d<\/p>\n<p>While praising the progress in the economy, the economist warned against frequently replacing finance ministers.<\/p>\n<p>According to him, frequent changes have an impact on the execution of sound economic policies.<\/p>\n<p>\u201cMinisters need stability and should be allowed to serve at least two years because the minimum time period of any economic growth needs at least two years.\u201d<\/p>\n<p>\u201cMinisters of finance should be given time to accomplish [the missions]. When a minister is stable, then he is going to focus more and do policy implementation. \u201c<\/p>\n<p>\u201cNow the minister comes in and during the first six months, he is to pay those who lobbied for him. He is also told to pay people. How can he pay people if he is there for six months?\u201d he asked.<\/p>\n<p>\u201cGive a chance to do what he was assigned to do.\u201d<\/p>\n<p>He advised the minister of finance to enlist the expertise of national economic experts to provide economic expertise to policy implementation.<\/p>\n<p>\u201cThere are so many nationals who are qualified in the fields of economy and infrastructure. South Sudan has a lot of expertise and skills that need to be tapped into.\u201d<\/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. A senior economist has said the prospects of South Sudan\u2019s economic growth look brighter. In an exclusive interview with The City Review, Dr Abraham Maliet Mamer who is the economic advisor in the office of the Vice President for the Economic Cluster, said the current indicators suggest that the economy will be [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":7242,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,6],"tags":[234,265,233],"class_list":["post-7243","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-files","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>South Sudan\u2019s economic growth prospects brighter \u2013 economist - South Sudan<\/title>\n<meta name=\"description\" content=\"A senior economist has said the prospects of South Sudan\u2019s economic growth look brighter. 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