{"id":9234,"date":"2022-02-03T08:21:53","date_gmt":"2022-02-03T08:21:53","guid":{"rendered":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/south-sudan-has-enough-money-wont-borrow-from-local-market-this-year-finance-minister"},"modified":"2022-02-03T09:10:43","modified_gmt":"2022-02-03T09:10:43","slug":"south-sudan-has-enough-money-wont-borrow-from-local-market-this-year-finance-minister","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/south-sudan-has-enough-money-wont-borrow-from-local-market-this-year-finance-minister","title":{"rendered":"South Sudan has enough money, won\u2019t borrow from local market this year \u2013 finance minister"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; South-Sudan. <\/strong><\/span>South Sudan\u2019s Minister of Finance and Planning Agak Achuil has said that his government had last year collected enough money to cover the country\u2019s fiscal budget of 2021\/2022, saying the government won\u2019t borrow money from local markets this year.<\/p>\n<p>Speaking while tabling the national budget before parliament for approval on Wednesday, Achuil said revenues collected during 2021 amounts to 200.8 million South Sudanese Pounds, which he said are enough to operate the country\u2019s economy.<\/p>\n<p>\u201cThe total revenue collections during the financial year2021\/2022 were SSP 200.8 billion and were above the budget target of SSP 197.09 billion by 1.9 percent,\u201d he said.<\/p>\n<p>Achuil said the government will not borrow any money from domestic market during this fiscal year<\/p>\n<p>\u201cThe government will not borrow any money from domestic market during this fiscal year, including borrowing from the bank of South Sudan,\u201d he said.<\/p>\n<p>\u201cThe government strategy will be to source external funds, when require, on concessional terms and ensure that any new borrowing does not undermine debt sustainability,\u201d he added.<\/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 Minister of Finance and Planning Agak Achuil has said that his government had last year collected enough money to cover the country\u2019s fiscal budget of 2021\/2022, saying the government won\u2019t borrow money from local markets this year. Speaking while tabling the national budget before parliament for approval on Wednesday, Achuil [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":9233,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[234,265,233],"class_list":["post-9234","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-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 has enough money, won\u2019t borrow from local market this year \u2013 finance minister - South Sudan<\/title>\n<meta name=\"description\" content=\"South Sudan\u2019s Minister of Finance and Planning Agak Achuil has said that his government had last year collected 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