(JUBA) – President Salva Kiir Mayardit has met with top financial officials in Juba to discuss South Sudan’s economic direction ahead of major talks with global lenders. The meeting brought together Vice President Benjamin Bol Mel, who heads the Economic Cluster, Finance Minister Athian Ding Athian and Central Bank Governor Dr Addis Ababa Othow.
The leaders reviewed current financial pressures, including inflation, limited foreign currency and low investor confidence. They discussed options for stabilising prices and improving state revenue. Participants agreed that restoring discipline in public spending and strengthening financial controls would be key to recovery.
A major part of the discussion focused on preparations for the upcoming annual meetings of the International Monetary Fund and the World Bank. South Sudan plans to use the platform to secure financial backing for policy reforms. Officials said they intend to present a united position to improve credibility in the eyes of lenders and investors.
While no figures were made public, the government is believed to be seeking budget support to cover essential services and pay outstanding obligations.
Officials at the meeting said they are committed to protecting the economy from future shocks by tightening financial management and improving coordination across government. They said restoring trust among businesses will be a major goal.
The government expects that stronger partnership with global financial institutions will help ease pressure on foreign exchange markets and attract new investment. Business groups in South Sudan have repeatedly called for clarity on economic policy and quicker decision making.
The presidency said the aim is to build a stable and predictable environment that allows companies to plan ahead and expand. It said economic reform is the only way to create jobs and growth.
| Details | |
|---|---|
| Meeting Location | Juba, South Sudan |
| Date | 1 October 2025 |
| Meeting Chair | President Salva Kiir Mayardit |
| Key Officials Present | VP Benjamin Bol Mel, Finance Minister Athian Ding Athian, Central Bank Governor Dr Addis Ababa Othow |
| Main Agenda | Economic recovery, price stability, investor confidence |
| International Focus | Preparations for IMF and World Bank annual meetings |
| Expected Funding Approach | Likely multi billion SSP request for budget and reform support |
| SSP to USD Exchange Rate | 7,100 SSP = 1 USD (Sept 2025 market rate) |
| Policy Direction | Fiscal discipline, tighter public spending, unified reform plan |
| Business Impact | Aims to reduce currency pressure and improve investment climate |