Listen to this article

(JUBA) – The Board of Directors of the central Bank of South Sudan (BoSS) has held its third quarterly meeting to assess progress in strengthening monetary and regulatory frameworks within the country’s financial sector.

The meeting, which took place in Juba on Wednesday, focused on reviewing major policy and institutional reforms aimed at improving efficiency, accountability, and financial stability. It comes at a time when the country is making efforts to stabilise the South Sudan Pound and modernise its financial systems in line with digital innovations.

During the session, the Board discussed the amendment of the E-Money Regulations to keep pace with changing technology and the growing use of digital financial services across the country. The proposed amendments are intended to promote secure, inclusive, and technology-driven financial transactions while supporting the growing digital economy.

The Board also approved new staff performance and management regulations. The revised framework seeks to strengthen work ethics, reward productivity, and promote a culture of accountability across the institution. The aim, according to officials, is to ensure that the Bank’s operations remain transparent and efficient as it carries out its supervisory and regulatory responsibilities.

In addition to personnel and digital policy issues, the Board reviewed other critical areas such as liquidity management, financial stability, and the development of the insurance sector. These discussions are part of the Bank’s broader goal of ensuring a resilient and inclusive financial system that supports economic recovery and long-term growth in South Sudan.

The Board reaffirmed its commitment to promoting sound monetary policies and to building stronger collaboration with commercial banks and financial institutions to improve cash flow and ensure stability in the exchange market.

The Bank of South Sudan, established by an Act of Parliament in July 2011, serves as the nation’s central bank and plays a key role in formulating and implementing monetary policies, regulating financial institutions, and maintaining price stability.

The latest quarterly meeting is expected to guide further reforms that will help strengthen South Sudan’s economic foundations, particularly in the face of inflationary pressures and currency challenges.

Highlights of the BoSS Board Q3 Meeting Details
Date of Meeting Wednesday, 30 October 2025
Location Juba, South Sudan
Key Discussion Areas Monetary policy, digital finance regulation, staff performance management
Main Decision Amend E-Money Regulations and approve new management rules
Goal Strengthen regulatory oversight and promote financial stability
Institutional Objective Build a resilient, inclusive, and technology-driven financial system

Subscribe to Jakony Media Agency® Via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 14.5K other subscribers
2025-11-01