South Sudan plans to roll out financial management controls

8 Jun 15

The South Sudanese state of Eastern Equatoria has implemented financial management systems to help it better control public spending.

The mechanism was implemented by the national South Sudanese government and will be rolled out to the country’s nine other states, finance and economic planning minister Morris Merisiya Kaunda told the news website Gurtong.

He said his ministry has so far been able to release salaries on time as well as process operating costs effectively.

Kaunda added that the ministry planned to “formulate and decentralise” financial management policies in 2015/16 in order to ensure effective and efficient distribution and management of financial resources.

“We are going to strengthen promotion of efficient procedures in all purchases of capital budget expenditures and shall ensure coordination in signing vendors’ contract while maintaining clean records, both movable and non-movable government assets,” he said.

Kaunda also said the ministry would conduct surveys and research on investment opportunities and establish a reliable database for easy information access for investors.

“Our efforts will continue to focus on poverty reduction as well as vigorous economic growth and development,” he said.

  • Judith Ugwumadu
    Judith Ugwumadu

    Judith writes about public finance, public services and economics across Public Finance International and Public Finance. She previously undertook reporting stints at Financial Adviser, Global Security Finance and The Sunday Express.

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