wartorn south sudan passes budget despite lacking funds
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

War-torn South Sudan passes budget despite lacking funds

Arab Today, arab today

Arab Today, arab today War-torn South Sudan passes budget despite lacking funds

Nearly four years of civil war have left South Sudan
Juba - AFP

South Sudan's parliament has passed a $300 million (250 million euro) budget despite the war-torn country's government conceding it lacked the funds to pay for it.

Nearly four years of civil war, as well as inadequate and decrepit infrastructure, have left the country with few sources of revenue, with oil fields that used to account for 90 percent of government income producing at very low levels and other businesses struggling.

Wani Buyu Dyori, undersecretary for economic planning at the finance ministry, said the government can raise around two-thirds of the 46 billion South Sudanese pounds needed for the budget, which was passed on Monday.

"The funding comes from oil revenues and non-oil revenues and the development partners -- they always give us some resources for our people," he said.

But Buyu admitted there would be "challenges" in raising sufficient money.

"The business community are not going to get goods in and whom do we tax if they are not coming?" Buyu said, adding that the world's youngest country is also losing the support of traditional donors.

Despite South Sudan being cash-strapped, the 2017/18 budget is 50 percent more than the previous year's budget of 30 billion South Sudanese pounds, although it is less in dollar terms as the national currency has continued to collapse.

Around 40 percent of the new budget is earmarked for security.

Fuel and food shortages are routine while civil servants, nurses and teachers can go for months without being paid.

Corruption and mismanagement are rife in South Sudan but lawmakers, in passing the budget, called for transparency and accountability.

Marial Awou, head of economic studies at Juba University, said the government must "maintain discipline" if it is to emerge from the current conflict-induced economic crisis.

But, he added, an end to the war and the restoration of "peace and stability" is the primary solution.

The civil war has killed tens of thousands of people and forced more than three million from their homes since December 2013.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

wartorn south sudan passes budget despite lacking funds wartorn south sudan passes budget despite lacking funds

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

wartorn south sudan passes budget despite lacking funds wartorn south sudan passes budget despite lacking funds

 



GMT 09:32 2018 Saturday ,20 January

Anti-IS coalition civilian killings tripled in 2017

GMT 10:35 2017 Wednesday ,26 April

Macron, Le Pen Head for French Election Run-Off

GMT 11:49 2017 Wednesday ,16 August

Yemeni regime forces control areas in Saada province

GMT 14:23 2017 Wednesday ,27 September

HM King receives Shaikh of Al-Murrah Tribe

GMT 03:32 2017 Wednesday ,20 September

Russia, China ‘worried’ about rising N. Korea tensions

GMT 13:10 2017 Saturday ,11 March

Macron Consolidates Lead Over Le Pen

GMT 05:06 2017 Thursday ,31 August

bilou launches in the UK & appoints PR

GMT 18:31 2014 Tuesday ,23 December

Gigi Hadid dances in reverse for Love advent calendar

GMT 16:23 2015 Friday ,25 September

'Super blood moon' to give stargazers a rare show

GMT 21:16 2018 Thursday ,13 December

Egypt, Algeria sign MoU to increase trade exchange

GMT 12:59 2018 Wednesday ,17 October

Parliamentary candidate killed in Afghanistan

GMT 07:10 2011 Friday ,04 March

New brand offers jewellery for the home in Dubai

GMT 19:34 2018 Wednesday ,17 January

Tourism cooperation discussed

GMT 19:37 2017 Sunday ,31 December

August24th-September23rd

GMT 22:57 2017 Friday ,22 December

Labour minister receives author

GMT 09:05 2016 Thursday ,31 March

Japan stumbles over baby steps

GMT 05:31 2017 Thursday ,24 August

UK employers’ hiring confidence lowest since Brexit
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday