• TERMS OF USE
  • PRIVACY POLICY
  • ETHICS COMMITTEE
  • SUBMITTING AN ARTICLE
Saturday, May 10, 2025
Sudans Post
  • HOME
  • NEWS
    • SOUTH SUDAN
    • SUDAN
    • REGION
  • EDUCATION
  • CORONAVIRUS PANDEMIC
  • PRESS RELEASES
  • OPINIONS & ANALYSES
  • ABOUT US
  • CONTACT US
  • عربي
No Result
View All Result
  • HOME
  • NEWS
    • SOUTH SUDAN
    • SUDAN
    • REGION
  • EDUCATION
  • CORONAVIRUS PANDEMIC
  • PRESS RELEASES
  • OPINIONS & ANALYSES
  • ABOUT US
  • CONTACT US
  • عربي
No Result
View All Result
Sudans Post
No Result
View All Result

CB chief abruptly cancels press conference after Kiir summoned him to J1 over deteriorating economy

The governor of central bank, Moses Makur Deng, on Monday abruptly cancelled a press conference slated for 11:00AM after he was summon to J1 for a meeting with President Salva Kiir Mayardit, a central bank media official said.

by Sudans Post
July 25, 2022

Moses Makur Deng, central bank governor, speaking to the media in Juba on Tuesday, 11th Jan. 2022. [Photo by Eye Radio]
Moses Makur Deng, central bank governor, speaking to the media in Juba on Tuesday, 11th Jan. 2022. [Photo by Eye Radio]
JUBA – The governor of central bank, Moses Makur Deng, on Monday abruptly cancelled a press conference slated for 11:00AM after he was summon to J1 for a meeting with President Salva Kiir Mayardit, a central bank media official said.

The bank governor who had invited journalists for a press conference was expected to discuss with the president the deteriorating economy that has seen rise in prices of basic goods such as the sack of maize that has gone up to 35,000SSP from 18,000SSP in a week’s time.

It is also reported that prices of basic commodities in Northern Bahr el Ghazal have doubled since last week.

Chance Baniko, the public relations officer at the central bank told reporters that the press conference had been cancelled because the governor had been called to the presidency for a meeting with Kiir to discuss the deteriorating economy.

“This morning, the governor was called by the president for an urgent meeting and that is why the press conference was cancelled. We are very sorry for that but we will inform you in case he wants to hold the press conference tomorrow,” he told reporters.

RUSSIAN INVASION OF UKRAINE

Makur last month warned of tough times ahead for South Sudan’s economy and blamed the ongoing Russian invasion of Ukraine for it.

“The war in Ukraine has been a major shock for global commodity markets. South Sudan’s oil revenues are increasing and the country is not directly dependent on imports of grain from Ukraine and Russia,” Makur said in a statement seen by Sudans Post at the time.

“But we are still seeing rising prices of refined petroleum products and food items which are imported from our regional countries. These developments are expected to contribute to a rise in inflation in the coming months,” he added.

He said the bank was “taking steps to reduce the impact of higher prices on people’s livelihoods. As of this week, the Ministry of Finance and Planning has begun to clear salary arrears, which will help increase households’ purchasing power.”

Share this:

  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on X (Opens in new window) X
  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to share on Telegram (Opens in new window) Telegram
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on Pinterest (Opens in new window) Pinterest

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Sudans Post

Sudans Post is an independent, young, and grass roots news media organization aimed at providing readers with an alternate depiction of events that occur on Sudan, South Sudan and East Africa, and to establish an engaging social platform for readers to discover and discuss the various issues that impact the two countries and the region.

SUDANS POST

  • ABOUT US
  • Client Portal
  • Client Portal
  • CONTACT US
  • ETHICS COMMITTEE
  • PRIVACY POLICY
  • SUBMITTING AN ARTICLE
  • TERMS OF USE

RECENT NEWS

  • Sudan to shut down oil facilities in major blow for South Sudan
  • Church leadership faults state gov’t over Central Equatoria land dispute

SUBSCRIBE TO SUDANS POST

Get the news delivered right into your inbox and subscribe!

Loading
  • PRIVACY POLICY
  • TERMS OF USE
  • ETHICS COMMITTEE
  • SUBMITTING AN ARTICLE

Copyright © 2019–2025 Sudans Post - All rights reserved.

No Result
View All Result
  • HOME
  • NEWS
    • SOUTH SUDAN
    • SUDAN
    • REGION
  • EDUCATION
  • CORONAVIRUS PANDEMIC
  • PRESS RELEASES
  • OPINIONS & ANALYSES
  • ABOUT US
  • CONTACT US
  • عربي

Copyright © 2019–2025 Sudans Post - All rights reserved.