Posted 3/17/2024, 4:35:10 AM
South Sudan President Fires Finance Minister Amid Economic Crisis
- South Sudan's President Salva Kiir fired the country's finance minister, Bak Barnaba Chol, without giving a reason
- The dismissal comes amid worsening inflation and sharp depreciation of the local currency
- Some civil servants have gone 6 months without being paid salaries
- The local currency has lost about half its value against the dollar recently, fueling higher prices
- The new finance minister is Awow Daniel Chuong, formerly the petroleum minister
