Headquarters | Plot No. 1, Block D 6, Juba Market, Juba, South Sudan [1] |
---|---|
Ownership | 100% state ownership [2] |
Governor | Johnny Ohisa |
Central bank of | South Sudan |
Currency | South Sudanese Pound SSP (ISO 4217) |
Reserves | 230 million USD [2] |
Website | www |
The Bank of South Sudan (BoSS) is the central bank of the Republic of South Sudan. Established in July 2011, by an Act of Parliament (The Bank of South Sudan Act, 2011), it replaced the now defunct Bank of Southern Sudan, a former branch of the Bank of Sudan, [3] which had served as the central bank of South Sudan, during the period between February 2005 until July 2011. The bank is fully owned by the Government of South Sudan. [4]
The Bank of South Sudan and Ministry of Finance and Planning have signed a Memorandum of understanding to improve liquidity and operational cash management by reducing dependency on physical cash and promoting digital transactions. [5] The document was signed by Central Bank's 1st Deputy Governor Samuel Yanga Mikaya and Finance's 1st Undersecretary Malual Tap Dieu. [6]
The bank maintains its headquarters in the city of Juba, the capital of South Sudan, with branches in the towns of Wau, Yei and Malakal.
The Bank of South Sudan is the central bank of the Republic of South Sudan. It is headed by the Governor of the Bank of South Sudan. The Bank is the only institution that is constitutionally mandated to issue the South Sudanese pound.
The main functions of the Bank of South Sudan are:
The Governors are appointed by the President of South Sudan.
Name | Took office | Left office | |
---|---|---|---|
Elijah Malok Aleng | July 2005 | August 2011 | [7] |
Kornelio Koriom Mayiek | August 2011 | January 2017 | |
Othom Rago Ajak | January 2017 | May 2018 | [8] |
Dier Tong Ngor | May 2018 | January 2020 | [9] |
Gamal Abdalla Wani | January 2020 | November 2020 | [10] |
Dier Tong Ngor | November 2020 | January 2022 | [11] |
Moses Makur Deng | January 2022 | August 2022 | [12] |
Johnny Ohisa | August 2022 | October 2023 | [13] |
James Alic Garang | October 2023 | December 2024 | [14] |
Johnny Ohisa | December 2024 | Incumbent | [15] |
Central Equatoria is a state in South Sudan. With an area of 43,033 square kilometres (16,615 sq mi), it is the smallest of the original South Sudanese states. Its previous name was Bahr al-Jabal, named after a tributary of the White Nile that flows through the state. It was renamed Central Equatoria in the first Interim Legislative Assembly on 1 April 2005 under the government of Southern Sudan. Central Equatoria seceded from Sudan as part of the Republic of South Sudan on 9 July 2011. The state's capital, Juba, is also the national capital of South Sudan. On October 2, 2015, the state was split into three states: Jubek, Terekeka, and Yei River. The state of Central Equatoria was re-established by a peace agreement signed on 22 February 2020.
The Central Bank of Sudan is the central bank of Sudan. The bank was formed in 1960, four years after Sudan's independence. It is located in the capital Khartoum. In April 2023, the Central Bank's headquarters was destroyed during the Sudanese civil war (2023-present).
The States of South Sudan were created out of the three historic former provinces of Bahr el Ghazal (northwest), Equatoria (southern), and Greater Upper Nile (northeast). The states are further divided into 79 counties.
Established by the Bank of South Sudan Act of 2011, the Central Bank of South Sudan is statutorily mandated to regulate the operations of all financial institutions in the country, including commercial banks. The Central Bank fulfills this mandate by issuing prudential guidelines and regulations as provided for under the Act. In theory, the licensed commercial banks are obligated to operate in accordance with these laws and guidelines, but many suggest this is not happening.
Stephen Dhieu Dau Ayik is a South Sudanese politician, banker by profession, and financial technocrat. He is a proven professional and held various cabinet positions in the Government of the Republic of South Sudan. He is a senior member of Sudan’s People Liberation Movement (SPLM) and had served in various cabinet positions. Stephen Dhieu Dau was the Minister of Finance and Planning until March 2018 in the RSS. He served as Minister of Petroleum and Mining and Minister of Commerce and Industry. Stephen Dhieu Dau is from Melut County, Upper Nile State, and belongs to the Nyiel section of the Padang Dinka ethnic group. In October 2022, President Salva Kiir appointed Stephen Dhieu Dau as the chairperson of the Board of Directors of the National Revenue Authority. In December 2022, He was appointed as a member of the SPLM Political Bureau.
Juba County is an administrative area in Central Equatoria state, South Sudan. It is the largest county in Central Equatoria and one of the largest in the region of Equatoria. Its county seat is Juba, the national capital of the South Sudan.
Terekeka County is an administrative division of Central Equatoria in South Sudan. It is the capital of surrounding Mundari and Boma counties. It lies on both the east and west bank of the White Nile north of Juba The word "Terekeka" is a combination of two words; "Tirgigi", a kind of hard shrub and "Terere" an open hard ground usually found in the middle of shrub trees. The local referral of "Terere i Tirgigi lukata" became shortened and distorted to create the current name, "Terekeka".
The Ministry of Finance and Planning is a ministry of the Government of South Sudan. This ministry was first headed by Honourable David Deng Athorbei after the country gained her independence from Sudan in 2011.The current minister is Hon. Dr. Marial Dongrin Ater
The South Sudanese Civil War was a multi-sided civil war in South Sudan between forces of the government and opposition forces. In December 2013, President Salva Kiir accused his former deputy Riek Machar and 10 others of attempting a coup d'état. Machar denied trying to start a coup and fled to lead the Sudan People's Liberation Movement-in-Opposition (SPLM-IO). Fighting broke out between the Sudan People's Liberation Movement (SPLM) and SPLM-IO, igniting the civil war. Ugandan troops were deployed to fight alongside the South Sudanese government. The United Nations has peacekeepers in the country as part of the United Nations Mission in South Sudan (UNMISS).
Yei River State was a state in South Sudan that existed from 2 October 2015 to 22 February 2020, when it became a part of the state of Central Equatoria.
Boma State was a state in South Sudan that existed between 2 October 2015 and 22 February 2020. It was located in the Greater Upper Nile region and was formerly part of the state of Jonglei. The state bordered Akobo State, Imatong State, Jonglei State, Kapoeta State, Bieh State, Terekeka State and the country of Ethiopia to the east.
This article lists events from the year 2019 in South Sudan
Sarah Cleto Hassan Rial is a South Sudanese politician and human rights activist who was the governor of Western Bahr el Ghazal from 2020 until 2024. She was the only woman among the eight governors appointed by President Salva Kiir on June 30, 2020.
General Saeed Chawul Lom is a South Sudanese police chief who was Inspector General of the police. Lom was appointed in 2017 by a presidential decree issued by President Salva Kiir following the sacking of General Makur Marol Adout. Lom served 11 months as the head of South Sudan police before his removal from office by a presidential decree. Lom had served as commissioner of police in the newly created Jubek State. Prior to the creation of the state of South Sudan, Lom worked in Khartoum for several years where he was dismissed three times for breach of police work ethics and conflict of interest. He was reinstated into the South Sudan police services along with other dismissed generals during the Comprehensive Peace Agreement (CPA).
Paulino Lukudu Obede, is a South Sudanese politician. He is currently the Deputy Governor for Central Equatoria State in the Revitalized Transitional Government of National Unity (RTGoNU) as of 2024. Paulino is one of the youngest South Sudanese to be appointed to a gubernatorial post at 34. Lukudu has previously served as Minister for Information for Central Equatoria, a member of the South Sudan National Dialogue, and a member of the Transitional National Legislature which is equivalent to Senate in other countries. He served as an MP among the appointees of the Other Political Parties on 17 September 2021, and later in 2023 became the Chief Whip of the Other Political Parties (OPP). Chief Whip is the Chairperson of the Party's Parliamentary Caucus. until his elevation to the position of Deputy Governor.
Dier Tong Ngor is a South Sudanese politician who serves, from 4 August 2022, as the Minister of Finance and Planning.
Emmanuel Khamis Richard is a South-Sudanese politician. He was the Acting Mayor of Juba City Council before being sacked for assaulting a female stress vendor. He is the Commissioner for Lainya County in Central Equatoria in the Revitalised Transitional Government of National Unity as of 2023.
This article lists events in 2024 in South Sudan.
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James Alic Garang is a South Sudanese economist, Chair of Monetary Affairs Committee of the East Africa Community and the current governor of the Bank of South Sudan. He previously served as a senior advisor to the Executive Director at the IMF Executive Board in Washington, DC. Garang assumed the office after being appointed by President Salva Kiir Mayardit on October 4, 2023.