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(JUBA) – The Bank of South Sudan (BoSS) held a one day consultative meeting on 7 November 2025 to review the Environmental and Social Impact Assessment (ESIA) of the Strengthening South Sudan’s Financial Sector (3SF) Project. The session, held at BoSS headquarters in Juba, brought together consultants, technical experts, and senior BoSS officials to validate findings and discuss sustainable implementation strategies.

First Deputy Governor of BoSS, Hon. Samuel Yanga Mikaya, highlighted the importance of such consultations in ensuring that the 3SF Project advances South Sudan’s financial sector responsibly and sustainably.

“We are grateful to the World Bank for its continued support in strengthening South Sudan’s financial sector,” Hon. Yanga said. “This engagement ensures the project contributes to inclusive economic growth while protecting communities and the environment.”

Dr. Chan Andrea, Director General of Currency and Bank Operations at BoSS, stressed that the consultation process was key to understanding potential environmental and social effects. He noted that active engagement with stakeholders would help identify risks and ensure that mitigation measures are effective.

“This consultation is a vital step in engaging communities, understanding potential impacts, and working collaboratively to achieve positive outcomes for South Sudan’s financial sector,” Dr. Andrea said.

The ESIA is a core component of the 3SF Project, which aims to modernise South Sudan’s financial system, improve banking infrastructure, and increase access to financial services nationwide.

BoSS and its partners aim to ensure that the project does not adversely affect local communities or the environment while promoting economic development by reviewing and validating the assessment findings.

The World Bank is a key partner in the initiative providing the technical and financial support to ensure that the project meets international environmental and social standards. BoSS officials reaffirmed their commitment to integrating ESIA recommendations into project implementation and monitoring.

Focus Areas of 3SF Project ESIA Consultation

Focus Area Objective Expected Outcome
Environmental Risks Identify and mitigate negative impacts Sustainable project implementation
Social Impacts Engage communities and assess potential effects Inclusive economic benefits
Stakeholder Consultation Involve experts, officials, and local representatives Transparent decision-making
Project Compliance Align with World Bank standards Reduced operational and reputational risks
Sustainable Growth Promote long-term financial sector development Balanced economic and social outcomes

BoSS emphasised that consultations like this are essential for building public trust, supporting responsible project delivery, and ensuring that South Sudan’s financial sector grows in a way that benefits all citizens.

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