President Kiir, Museveni Strengthen Bilateral Ties, Pledge Regional Stability

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President Kiir, President Museveni and VP. Bol Mel.  ‎South Sudan’s President Salva Kiir Mayardit and Uganda’s President Yoweri Kaguta Museveni have reaffirmed their commitment to strengthening bilateral relations and promoting regional peace and security. ‎ ‎During their meeting in Juba, the two leaders discussed pressing political and security issues affecting both nations and the broader East African region.  ‎ ‎The discussions covered a range of topics, including South Sudan’s upcoming elections, ongoing peace efforts, and the need for deeper economic collaboration between the two neighboring countries. ‎ ‎Focus on Political and Security Stability ‎South Sudan’s Foreign Minister Ramadan Mohammed Abdallah Goc stated that the meeting aimed to enhance cooperation in multiple sectors while addressing the political developments currently unfolding in the country.  ‎ ‎With South Sudan preparing for its first post-independence elections, Uganda’s continued support is seen as...

South Sudan Suspend Use Of US Dollars And Directed All Transactions To Be Done in SSP

 


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The government gave a specific directives suspending the use of US Dollars in the country and instructed that all transactions in the country should be in South Sudanese Pounds (SSP).

The directive is came as a measure recommended by a team delegated by the president to help solve the economic crisis in the nation. 

All transactions in the country are conducted using the Dollars because of the volatility of the South Sudan Pounds (SSP). 

This triggered the government to opt for measures to help boost the local currency by setting extreme measures of insuring that all transactions in the nation must be carried out in South Sudanese Pounds. 

National Information Minister, Hon. Michael Makuei Lueth said that, all commercial contracts must be done in our local currencies. 

“That is a clear directive from the Central Bank that all the transactions in South Sudan must be done in our currency. So all commercial contracts must be signed in our local currency,” Hon. Michael said. 




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