(JUBA) – The Central Bank of South Sudan (BoSS), in partnership with the International Monetary Fund (IMF), has successfully concluded a five day financial statistics training in Juba aimed at improving the accuracy and reliability of government financial data. The training, which ended on 7 November 2025, brought together officials from the BoSS and the National Ministry of Finance and Planning.
The programme, organised through the BoSS Directorate of Policy, Research, and Statistics, focused on enhancing participants’ understanding of Government Financial Statistics (GFS). The main goal was to align South Sudan’s financial data collection and reporting systems with IMF international standards to support more transparent and evidence based economic policymaking.
Speaking at the closing session, the First Deputy Governor of the Bank of South Sudan, Hon. Samuel Yanga Mikaya, commended both the IMF experts and the local participants for their commitment throughout the training. He stressed that accurate, timely, and consistent data remain central to good financial management and policy formulation, especially in a developing economy like South Sudan’s.
Participants also discussed the need to strengthen coordination between government institutions to ensure data integrity and reduce reporting gaps that have often hindered fiscal planning and decision-making. The training emphasised improved data sharing, use of digital tools for reporting, and enhanced institutional cooperation.
Experts from the IMF highlighted that South Sudan’s commitment to adopting international statistical standards is a positive step towards achieving financial stability and accountability. They noted that reliable statistics are essential for investor confidence, budget discipline, and effective public spending.
At the conclusion of the programme, participants adopted a framework for ongoing collaboration between the Bank of South Sudan, the Ministry of Finance and Planning, and other public institutions. The framework aims to standardise data reporting, improve inter-agency communication, and maintain consistency across all financial statements issued by government departments.
The IMF team expressed optimism that the continued partnership will contribute to better macroeconomic monitoring and policy evaluation, helping South Sudan manage its resources more efficiently in the face of economic challenges.
The Bank of South Sudan reaffirmed its commitment to supporting capacity building initiatives that enhance professionalism in financial management and align the country’s financial reporting with global practices.
Outcomes of the BoSS-IMF Training
| Focus Area | Objective | Expected Result |
|---|---|---|
| Financial Data Accuracy | Improve quality of government financial reporting | Reliable statistics for decision making |
| Institutional Cooperation | Strengthen links between BoSS and Ministry of Finance | Reduced reporting gaps |
| Alignment with IMF Standards | Apply international statistical frameworks | Enhanced global credibility |
| Data Transparency | Promote openness in financial reporting | Improved investor and public confidence |
According to a statement by the central bank, the training is part of broader efforts by South Sudan’s financial institutions to improve transparency, promote accountability, and build confidence in the country’s economic data, which are essential for effective governance and attracting international investment.