wartorn south sudan passes budget despite lacking funds
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today
Almaghrib Today, almaghrib today
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today

War-torn South Sudan passes budget despite lacking funds

Almaghrib Today, almaghrib today

Almaghrib Today, almaghrib today War-torn South Sudan passes budget despite lacking funds

Nearly four years of civil war have left South Sudan with few sources of revenue as money from oil fields
Juba - Al Maghrib Today

 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.

Source: AFP

almaghribtoday
almaghribtoday

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

 



Almaghrib Today, almaghrib today Skincare PR Performance Full Year 2017

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Almaghrib Today, almaghrib today New hunt for flight MH370 gets under way

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Almaghrib Today, almaghrib today Modern colorful bedroom renovation

GMT 10:57 2017 Thursday ,21 December

Modern colorful bedroom renovation
Almaghrib Today, almaghrib today Puigdemont candidate for Catalan president

GMT 13:56 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Almaghrib Today, almaghrib today Turkey detains dozens more

GMT 10:47 2018 Wednesday ,24 January

Turkey detains dozens more
Almaghrib Today, almaghrib today The Rake announces editorial updates

GMT 10:46 2018 Tuesday ,16 January

The Rake announces editorial updates
Almaghrib Today, almaghrib today Europe brings on charm and blue skies

GMT 11:51 2018 Tuesday ,23 January

Europe brings on charm and blue skies
Almaghrib Today, almaghrib today For the Variety of Interior Design Styles

GMT 10:46 2017 Tuesday ,19 December

For the Variety of Interior Design Styles
Almaghrib Today, almaghrib today US Christian tourists see deep meaning

GMT 13:44 2018 Monday ,22 January

US Christian tourists see deep meaning
Almaghrib Today, almaghrib today Amazon to open first cashierless shop

GMT 10:03 2018 Tuesday ,23 January

Amazon to open first cashierless shop

GMT 17:08 2018 Tuesday ,23 January

Sundance debuts dark tale of triplets split at birth

GMT 10:23 2018 Tuesday ,23 January

Louvre Abu Dhabi replaces Gulf map that omitted Qatar

GMT 13:03 2017 Friday ,15 September

Lebleba optimistic of future of festivals in Egypt

GMT 00:04 2015 Monday ,16 March

Bahrain king presence at EEDC praised

GMT 22:24 2014 Monday ,25 August

Qatar Charity (QC), IHH sign MoU

GMT 15:11 2014 Sunday ,28 September

China's Ningxia matures as a quality wine producer

GMT 08:06 2017 Tuesday ,20 June

Yasmine happy for positive reactions to her show

GMT 16:40 2011 Wednesday ,08 June

Russia lost edge during Putin era: World Bank

GMT 09:19 2018 Tuesday ,16 January

No Brexit deal would cost Scotland £12.7bn: study

GMT 13:05 2017 Sunday ,31 December

Vargas Llosa among more than 230 writers

GMT 12:37 2017 Tuesday ,25 April

Bathtub in Dubai costs $ 1 million

GMT 10:10 2013 Saturday ,08 June

Rihanna extends MAC Cosmetics collection

GMT 15:43 2016 Saturday ,02 January

Saudi student creates unique piece of artwork

GMT 04:22 2012 Wednesday ,11 April

Omar Sharif biography

GMT 12:43 2017 Wednesday ,29 November

Saudi Prince Miteb freed after detention in graft purge

GMT 13:26 2014 Tuesday ,11 March

Mini-skirt turbulence at Japan budget airline

GMT 12:15 2016 Wednesday ,17 February

Gulf subsidy reforms not enough to plug deficit
Almaghrib Today, almaghrib today
 
 Almaghrib Today Facebook,almaghrib today facebook  Almaghrib Today Twitter,almaghrib today twitter Almaghrib Today Rss,almaghrib today rss  Almaghrib Today Youtube,almaghrib today youtube  Almaghrib Today Youtube,almaghrib today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

.almaghribtoday .almaghribtoday .almaghribtoday .almaghribtoday
almaghribtoday almaghribtoday almaghribtoday
almaghribtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
almaghribtoday, Almaghribtoday, Almaghribtoday