{"id":9751,"date":"2022-02-09T10:19:40","date_gmt":"2022-02-09T10:19:40","guid":{"rendered":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/publicise-revenue-collection-data-troika-tells-government"},"modified":"2022-02-09T11:09:33","modified_gmt":"2022-02-09T11:09:33","slug":"publicise-revenue-collection-data-troika-tells-government","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/publicise-revenue-collection-data-troika-tells-government","title":{"rendered":"Publicise revenue collection data, Troika tells government"},"content":{"rendered":"

Africa-Press – South-Sudan. <\/strong><\/span>The Troika countries, comprising the United States, the United Kingdom, and Norway, have called on the government to ensure the key oil and non-oil revenue data are made available to the public.<\/p>\n

\u201cWe stress that fiscal data, including on oil and non-oil revenues, should be published on the Ministry of Finance and Planning website regularly and without delay,\u201d the statement read in part.<\/p>\n

In a joint statement seen by The City Review, the Troika countries, which are the major donors to the South Sudan government, said making financial data available to the public would enhance trust with international partners.<\/p>\n

Why Transparency<\/b><\/p>\n

matters<\/p>\n

They urged the government to make public any outstanding balance it owes Sudan under the Transitional Financing Arrangement, as well as any debt Sudan may owe South Sudan from the oil it receives in-kind each day.<\/p>\n

However, the western countries reiterated their commitment to \u201ca peaceful and prosperous South Sudan, in which the population benefits from public services, underpinned by transparent and accountable public financial management.\u201d<\/p>\n

Oil revenues account for more than 90 per cent of South Sudan\u2019s annual budget.<\/p>\n

The Troika noted that South Sudan has \u201cmade important progress in the last year and a half on public financial management reforms, including prudent monetary policy, successful foreign exchange reform, and steps towards sounder public cash management.\u201d<\/p>\n

\u201cThese steps have already benefited South Sudan\u2019s people through a more stable exchange rate and lower inflation. We urge the government of South Sudan and those now charged with leading economic recovery to continue such reforms in line with R-ARCSS and South Sudan\u2019s commitments under the IMF Staff Monitored Program.\u201d<\/p>\n

The Troika said reforms in public financial management must be implemented at a faster pace.<\/p>\n

\u201cThe necessity of continuing and improving ongoing reforms, as this will demonstrate the government\u2019s commitment to the reform process and increase foreign partners\u2019 trust.\u201d<\/p>\n

The group stressed the need for an effective monetary policy to sustain low inflation and a stable exchange rate that would protect South Sudanese citizens from rising prices.<\/p>\n

\u201cThis means that the Bank of South Sudan must refrain from any monetary financing of the budget deficit.\u201d<\/p>\n

\u201cThe Troika also stresses the need for the budget to be debated and passed by the TNLA and highlights and a fully functional Cash Management Committee is key to sound spending in line with budgetary allocations,\u201d the statement read in part.<\/p>\n

They pledged their commitment to providing support to the government of South Sudan, including recent appointees, on enhancing transparency and accountability for the benefit of all South Sudanese.<\/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 Troika countries, comprising the United States, the United Kingdom, and Norway, have called on the government to ensure the key oil and non-oil revenue data are made available to the public. \u201cWe stress that fiscal data, including on oil and non-oil revenues, should be published on the Ministry of Finance and […]<\/p>\n","protected":false},"author":84,"featured_media":9750,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[234,265,469,2423,233],"class_list":["post-9751","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-government","tag-publicise","tag-south-sudan"],"yoast_head":"\nPublicise revenue collection data, Troika tells government - South Sudan<\/title>\n<meta name=\"description\" content=\"The Troika countries, comprising the United States, the United Kingdom, and Norway, have called on the government to ens ...\" \/>\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\/publicise-revenue-collection-data-troika-tells-government\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Publicise revenue collection data, Troika tells government\" \/>\n<meta property=\"og:description\" content=\"The Troika countries, comprising the United States, the United Kingdom, and Norway, have called on the government to ens ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/publicise-revenue-collection-data-troika-tells-government\" \/>\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=\"2022-02-09T10:19:40+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-02-09T11:09:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2022\/02\/img-6203a0d219cbf.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"938\" \/>\n\t<meta property=\"og:image:height\" content=\"526\" \/>\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\/publicise-revenue-collection-data-troika-tells-government#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/publicise-revenue-collection-data-troika-tells-government\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Publicise revenue collection data, Troika tells government\",\"datePublished\":\"2022-02-09T10:19:40+00:00\",\"dateModified\":\"2022-02-09T11:09:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/publicise-revenue-collection-data-troika-tells-government\"},\"wordCount\":445,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/publicise-revenue-collection-data-troika-tells-government#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2022\/02\/img-6203a0d219cbf.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Sudan\",\"government\",\"Publicise\",\"South-Sudan\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/publicise-revenue-collection-data-troika-tells-government#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/publicise-revenue-collection-data-troika-tells-government\",\"url\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/publicise-revenue-collection-data-troika-tells-government\",\"name\":\"Publicise revenue collection data, Troika tells government - 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