JUBA – South Sudan’s Vice President for Economic Cluster, Dr. James Wani Igga, has urged the National Revenue Authority (NRA) to increase non-oil revenue collection to meet the 100 billion South Sudanese Pounds target for the year 2022.
Dr. Igga made this call during the opening of a one-day stakeholders’ consultative workshop on NRA’s five-year strategy plan in Juba on Wednesday.
“NRA itself to target 100 billion SSP because when we targeted 58 billion SSP, we see it not enough but they have gone above it but it is still not enough,” Dr. Igga said during the opening of one-day stakeholders’ consultative workshop on Wednesday.
“Let us try 100 billion, these are not dollars, it is SSP (South Sudanese Pounds) on non-oil alone. This is what should be generated on non-oil alone.”
Dr. Igga sounded optimistic that the NRA will meet the 100 billion SSP target for the next financial year.
“The NRA and Economic Cluster recently surpassed the target of 58 billion SSP by 64 billion SSP and without the cluster, I strongly believe we would not have reached this target of 64 billion,” he said.
On 13th May, National Revenue Authority (NRA), Commissioner-General, Dr. Patrick Mugoya announced that it has surpassed its non-oil revenue collection target for the financial year 2021-2022 by SSP 64.4 billion.
This came after the government projected the financial year for 2021-2021 at 58.2 billion SSP.
Established in 2018, the NRA is mandated to assess, collect, administer and enforce laws relating to taxation and revenues.
The establishment is one of the measures to reduce dependency on oil revenues, strengthen the non-oil revenue sector and strengthen expenditure control required to achieve short-term fiscal austerity objectives.