Kiir allocates 5,000 bpd of crude oil to salaries

South Sudanese President Salva Kiir has directed the ministry of finance and that of petroleum to allocate 5,000 barrels of crude oil per day to pay civil servants’ salaries.

The Cash-strapped South Sudanese government is struggling to pay its employees regularly as the country’s dire economic situation worsens and inflation soars.

South Sudan’s economy is almost entirely dependent on exports of oil.

“I am aware that our civil servants are not being paid on time, and they have endured irregular salary payment for a long time. I am also aware that salary scales have not been reviewed since we realigned our currency in 2015, “Kiir said in his address to the nation on the 10th independence anniversary on Friday.

“Today, I am directing the two ministries, the Ministry of Finance and Economic Planning and that of Petroleum to dedicate 5,000 barrels of the Nile Blend to strengthen the financial spending of the government in order to regularized salaries and operation fund payment,” Kiir added.

In December 2015, South Sudan abandoned a fixed exchange rate and surrendered its currency, the South Sudanese pound, to trade freely in the market against the US dollar and other foreign currencies, to compete with the black market.

The South Sudanese leader also unveiled government plans to increase the salaries of civil servants by 100 percent.

“In the 2021-2022 budget the government has resolved to increase salaries by 100% as phase one with immediate effect and will be fully reviewed later on during the financial year as the economy improve,” Kiir added.

Credit: Radio Tamazuj_

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