Banks face cash shortage without a currency crisis —expert
South Sudan is grappling with tightening liquidity in its banking system, even as officials stress that the country is not facing a broader currency crisis, a senior government advisor has warned. Aggrey Tisa Sabuni, Advisor to the South Sudan Revenue Authority, said the current cash shortages in banks are not merely an economic concern but […]
Central Bank to print more money to address liquidity crisis
Governor of Central Bank of South Sudan (CBSS) Addis Ababa Othow has revealed that it will print more money as part of a short-term strategy to solve the country’s liquidity crisis. This announcement comes as comes as the bank struggles with an inability to honor salary checks for civil servants and organized forces. Speaking to […]
