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 21:53 2017 Monday ,06 March

Vogue announces team updates & appointment

GMT 17:46 2017 Thursday ,05 October

Tokyo 2020 water venue polluted

GMT 23:35 2017 Wednesday ,26 July

Explosions and shootout near Sarinah Building

GMT 12:04 2017 Sunday ,15 October

Five things to do at the Frankfurt Book Fair

GMT 13:31 2016 Sunday ,13 March

Itoje stars as England hold out

GMT 09:15 2017 Wednesday ,20 September

Iraq PM rejects any Kurdish independence referendum

GMT 13:09 2017 Friday ,03 March

405 Story appoints Blonde and Black Publicity

GMT 04:59 2017 Wednesday ,14 June

Hedge funds remain cautious on oil

GMT 07:14 2017 Sunday ,22 October

Bayern edge past Hamburg to go level

GMT 13:45 2016 Friday ,11 November

Will 'clarify positions' with Trump in call Friday

GMT 19:01 2018 Thursday ,04 October

LEAD S. Korean firms offer aid for quake-hit Indonesia

GMT 22:39 2018 Friday ,14 September

Hurricane Florence deluges Carolinas ahead of landfall

GMT 09:06 2018 Wednesday ,17 January

Injury-hit figure skating champ Hanyu resumes training

GMT 08:53 2014 Tuesday ,28 October

Clubbing for kids: New York's hottest new trend

GMT 10:15 2017 Sunday ,24 December

Kuwait denies taking UN Security Council seat

GMT 10:54 2017 Thursday ,21 December

'Deliberate act' as car hits crowd in Melbourne

GMT 03:30 2017 Tuesday ,19 December

Russian delegation in Syria to talk reconstruction

GMT 20:29 2017 Sunday ,20 August

South Africa gives go-ahead to rhino horn auction
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