January 18, 2017 (JUBA) - South Sudan President Salva Kiir has criticized the way in which international organizations treat their local staff members, saying they were subjecting them to unfair treatment when deciding on the currency of payment .
“When it comes to local employees they have decided to pay them in local currency, and they pay their international staff in hard currency. That is very unfair," said president Kiir.
The president said most of the international organisations take their money outside the country, denying the country an opportunity to benefit and utilize the money they get from the work they do in the country.
“Foreigners who are working here, including the NGOs, have decided to bank outside South Sudan, and they just bring salaries for their employees. “I’m not an economist, but I think it has an effect on the country’s economy”, he said.
The President pointed that most of the hard currency generated within the country is spent abroad .
He made the remarks Tuesday during a function in which he oversaw the taking of office of newly appointed Central Bank governor and his deputy and the deputy minister of finance.
The South Sudanese pound is declining against the dollar due to the collapse of oil price, the fall of oil production and the civil war that erupted in December 2013. Also, foreign donors stopped their aid programmes to the new nation.
In Juba currency traders are selling one U.S. dollar at 103 pounds in the black market, while the official at the Central Bank is 87 pounds for one dollar .
President Kiir expressed concerns about the diminishing value of the pounds.
“What is it that made us lose the value of our money? Is it something that can be corrected, can it not be corrected?” He asked the officials.
“One of them is that, our people took their money out of the country, and money taken out of the country does not benefit us.
“Most South Sudanese have decided to reside out of the country; they just come here to get some dollars and go. That will never make us grow. But we cannot force people to remain in South Sudan, when we are not sure about the security,” he said.
(ST)
Newer articles:
- South Sudan children bear brunt of three-years conflict - 20/01/2017 10:39
- UN Warns Of Famine In South Sudan - 20/01/2017 08:02
- South Sudan Cannot Be Allowed to Collapse - 20/01/2017 07:59
- South Sudan Situation Supplementary Appeal January - December 2017 - 19/01/2017 14:18
- South Sudan: Opposition Figures Defect to Kiir Administration - 19/01/2017 03:42
Older news items
- South Sudan Is A Forgotten Children's Catastrophe - 18/01/2017 14:55
- South Sudan: why the international community needs to act urgently - 18/01/2017 07:08
- In South Sudan, Mass Killings, Rapes and the Limits of U.S. Diplomacy - 18/01/2017 06:53
- Sudan: Sanctions eased, Khartoum comes in from the cold - 18/01/2017 00:34
- South Sudan's former local minister joins opposition, cites corruption in Kiir government - 17/01/2017 11:57
Latest news items (all categories):
- The Voice of Responsibility: How Young South Sudanese are Saying No to Violence Through Music, Drama, and Digital Content - 03/06/2026 16:56
- Peace fails if it is not defended. The UN’s peacekeepers cannot do this alone - 03/06/2026 16:39
- 'Brink of famine': Why South Sudan’s children are paying the price of war - 03/06/2026 16:34
- Volleyball Cranes defeat South Sudan to maintain perfect start - 03/06/2026 16:30
- 'I've seen love': South Sudan bishop applauds Canadians during first visit - 03/06/2026 16:26
Random articles (all categories):
- South Sudan Scales Up Nation-Wide Coronavirus Awareness - 30/03/2020 03:49
- South Sudan, a nation embracing its identity through its skin - 09/12/2018 20:15
- Egypt, South Sudan Agree to Expand Cooperation in All Fields - 11/10/2021 03:47
- برقية تهنئة لموجوك أولير جواج والاخت نياقيط مييك بمناسبة مولودهم الجديد - 02/09/2010 06:30
- South Sudan starts registration of foreigners to curb crime - 07/01/2019 02:08
Popular articles:
- Who is the darkest person in the world, according to Guinness World Record? - 25/10/2022 02:34 - Read 145364 times
- School exam results in South Sudan show decline - 01/04/2012 17:58 - Read 27294 times
- Top 10 weakest currency exchange rates in Africa in 2023 - 19/07/2023 00:24 - Read 24531 times
- No oil in troubled waters - 25/03/2014 15:02 - Read 23909 times
- NDSU student from South Sudan receives scholarship - In-Forum - 29/09/2012 01:44 - Read 21751 times