JUBA – A senior member of South Sudan’s main armed opposition Sudan People’s Liberation Movement in Opposition (SPLM-IO) led by First Vice President Dr. Riek Machar Teny is calling on President Salva Kiir’s government to reform the country’s central bank.
This comes days after Kiir issued a republican decrees dismissing Dier Tong Ngor as the central bank chief, replacing him with Moses Makur Deng who was working as the director general for bank supervision, research and statistics at the central bank.
In a statement, Dut Majokdit, a member of the SPLM-IO National Liberation Council (NLC) and a close ally of FVP Machar, said there is need for the government to reform the central, instead of the continued changes of leadership, saying ongoing inflation is harming the civil population.
“Inflation destroys savings, impedes planning and discourages investment in the country. The crucial responsibility of the bank is to control inflation in the market, otherwise it’s the time for the (R, TGONU) to reform the central bank as outlined in chapter (4) of the peace deal,” he said.
“We cannot be busy with other issues, while our civil population is suffering without food on the table, reform the central bank to control the United States dollars in the black market, and to rescue the situation as the political parties are implementing peace,” he added.