(JUBA COUNTY) – The Bank of South Sudan (BoSS) has convened a high-level workshop with key players from the financial sector to review the country’s Financial Sector Strategy, marking a significant step towards improving governance, transparency, and efficiency in the sector.
The session was officially opened by First Deputy Governor Hon. Samuel Yanga Mikaya, who highlighted the importance of collaboration and collective input in shaping a strategy capable of supporting South Sudan’s national development objectives.
The workshop brought together representatives from microfinance institutions, commercial banks, and other financial stakeholders. Participants examined the draft strategy to ensure it addresses current challenges and aligns with broader development goals. Hon. Mikaya told attendees, “Your contributions today will shape the financial strategy guiding the entire system in South Sudan.”
Officials noted that the review is part of a wider effort to strengthen the country’s financial governance, improve operational efficiency, and enhance transparency in all transactions and reporting. By involving multiple stakeholders, the BoSS aims to ensure the strategy is both practical and inclusive, addressing the needs of diverse financial actors and clients.
The draft strategy covers a range of priorities, including expanding access to financial services, promoting responsible lending and savings, supporting microfinance and rural banking initiatives, and encouraging private sector growth through better regulation and oversight.
Experts attending the workshop also stressed the importance of digital banking solutions and technology-driven services to increase accessibility and reduce operational costs, particularly in remote areas where traditional banking infrastructure is limited.
The Bank of South Sudan said that stakeholder feedback from the workshop will be incorporated into the final strategy, which is expected to guide policy, investment, and operational priorities for the country’s financial sector over the coming years.
South Sudan Financial Sector Strategy Workshop
| Details | |
|---|---|
| Event | Workshop to review South Sudan Financial Sector Strategy |
| Organiser | Bank of South Sudan (BoSS) |
| Location | Juba County, South Sudan |
| Date | 27 November 2025 |
| Key Official | First Deputy Governor Hon. Samuel Yanga Mikaya |
| Participants | Microfinance institutions, commercial banks, other financial stakeholders |
| Purpose | Review draft strategy, align financial sector with national development goals |
| Key Focus Areas | Governance, transparency, efficiency, financial inclusion, digital banking |
| Expected Outcome | Finalised strategy guiding policy, investment, and operations in financial sector |
