Kiir sacks finance minister, central bank chief, names replacements

JUBA — South Sudan’s President Salva Kiir Mayardit has sacked the country’s minister of finance, Agak Achuil, along with the governor of central bank Moses Makur Deng.

This comes just hours after the South Sudanese head of state and his first deputy Dr. Riek Machar Teny agreed to extend the transitional period for at least two years.

Kiir’s decrees were readout on the state-owned South Sudan Broadcasting Corporation (SSBC).

The president appointed former central bank chief, Dier Tong Ngor, was appointed as the new finance minister.

Kiir said Johnny Ohisia Domian who was the first deputy to the central bank governor will act on temporary basis as the governor of central bank.

There were no reasons given for the chances, but the economy has seen rapid downtrend in recent days with local currency depreciating in a very quick manner registering 700 SSP per $1.