(JUBA) – The Executive Committee of the Bank of South Sudan (BoSS), led by Governor Dr. Addis Ababa Othow, convened in Juba on 18 July 2025 to review core operational and policy matters. The meeting was attended by the Governor’s two deputies and Directors General and served as a platform for evaluating institutional performance, assessing policy execution, and setting priorities for the months ahead.
The Executive Committee (EXCom) is the Bank’s top level internal body, responsible for overseeing day to day operations, including monetary policy implementation, banking regulations and institutional reforms. Its decisions influence how BoSS supports financial sector stability and aligns with broader national economic objectives.
This latest meeting comes at a time when the Bank has taken several important steps aimed at improving South Sudan’s financial system. Among these is the recognition of mobile money as legal tender, which was recently announced to expand digital financial inclusion and reduce barriers to access in underserved communities. Businesses across the country are now legally required to accept mobile money for goods and services, under the Electronic Money Regulation of 2017.
In addition, BoSS recently concluded a high level training workshop focused on Risk-Based Supervision for Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT). That workshop aimed to improve financial oversight and align domestic practices with international standards, reflecting the Bank’s increasing commitment to safeguarding financial integrity.
During the Executive Committee meeting, progress on these and other reforms was reviewed, along with performance indicators related to internal policy goals and regulatory improvements. The Committee also discussed implementation timelines and how to better coordinate institutional efforts across departments.
The Bank’s leadership reaffirmed its commitment to strong governance, transparency and regulatory compliance, all of which are central to restoring confidence in South Sudan’s financial system. The meeting also underscored the importance of data driven policymaking and regular monitoring of key indicators such as inflation, currency stability, and banking sector resilience.
Key Functions of the BoSS Executive Committee
| Function | Description |
|---|---|
| Daily Operations Oversight | Manages the Bank’s internal operations and work plans |
| Monetary Policy Supervision | Reviews interest rates, inflation targets, and liquidity control |
| Regulatory Review | Oversees implementation of banking laws and digital finance regulations |
| Strategic Planning | Aligns BoSS priorities with national economic objectives |
| Institutional Reform | Monitors progress on internal and sector-wide reforms |
