AWEIL— The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) in South Sudan has trained 20 state government officials on financial management in Aweil West County of Northern Bahr el Ghazal State.
The two-day event that ended on Friday aimed to provide government officials with knowledge on financial management.
“The training was so super, as it drew people representing all walks of life, the women, youth, traders, and directors of all institutions in the county, among others, and it highlighted the basic steps to save money or keep finance,” Chol said.
Chol said the participants received training on how to unite as an interest group or savings association to raise funds and generate income from those who take out loans and repay them with interest.
“As government officials we have got information on the importance of making contributions so that we can form associations, such as a farm. When it is a farming season, we use that money and get farmland, we till it, and we get products and sell those as a group.”
Chol described the training as beneficial, as it offered insights into financial management skills and strategies for handling received funds.
“This training will help us know how to use our brains to get ways of managing this crisis so that we can pay for children and manage the families using our little pennies.”
He stated that individuals should form groups and contribute funds to establish a local business association.
He said they can also provide loans to members and earn interest, which can support the growth of their businesses.
“If you have a lot of pounds and you don’t know how to use them, then you can end up as a great spendthrift, and that is why this training is vital for us.”
He noted that, considering financial challenges, training can assist them in effectively utilizing the limited resources they have to cover their expenses.
