By Our Correspondent, JUBA South Sudan
South Sudan’s President Salva Kiir on Wednesday evening fired the Finance Minister amid rising inflation and an ailing economy.
Kiir, in a decree, read on
state-owned South Sudan Broadcasting Corporation (SSBC) sacked Salvatore Garang
Mabiordit Wol and replaced him with Athian Diing Athian.
Athian was a former deputy
finance minister until 2018 when Kiir fired him.
The dismissal of the
finance minister came after the deteriorating economic situation in South Sudan
and the devaluation of the South Sudanese pound to unprecedented levels, amid
soaring prices of commodities in the market.
The central bank said recently the local currency was depreciating sharply and there was little that the bank and the finance ministry could do to stop its fall.
Inflation was
37.2% in April, according to the last data released by the central bank.
South Sudan's economy,
which relies almost exclusively on oil revenues, has been battered by a drop in
global crude prices.
In another decree, President
Kiir appointed Africano Mande as the Deputy Commissioner General of the
National Revenue Authority pending his recruitment as the head of the tax body.
Mande replaces Erjok
Bullen who has been acting commissioner-general for almost a year.
Kiir also fired the head
of the National Petroleum and Gas Corporation Nilepet, Dr. Chol Deng Abel, and
appointed Mr. Bol Riing Muorwel as the new Nilepet Managing Director.
The president gave no
reasons for the changes which take effect immediately.
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