Audio By Carbonatix
South Sudan's President Salva Kiir has sacked the country's finance minister who was just four months into the job, state-owned television reported the sixth replacement in the post since 2020.
Kiir gave no reason for firing Awow Daniel Chuong, who was appointed in mid-March this year, the report said late on Wednesday, and economist Marial Deng has been tapped to replace him as finance minister.
South Sudan's economy has been under pressure in recent years amid communal violence, with crude oil export revenue having dwindled since a 2013-2018 civil war and more recently export disruptions due to war in neighbouring Sudan.
Central bank governor James Alic Garang said in May that South Sudan's foreign exchange reserves were at historic lows, opens new tab.
The International Monetary Fund projects consumer price inflation at a lofty 54.8% this year.
Kiir became South Sudan's first president in 2011 when it gained independence from Sudan.
The country is due to elect a president, members of parliament and regional representatives in December.
Latest Stories
-
Knights and Ladies of Marshall group backs Catholic Bishops’ stance on anti-LGBTQ+
24 minutes -
Bright Simons writes: All the Filla in the Ibrahim Mahama/E&P – Gold Fields Saga
49 minutes -
Monetise Idiocy In Ghana
56 minutes -
The Ghanaian prophet and the mysterious death of his scottish wife Charmain Speirs
2 hours -
Nearly 400 sentenced in Nigeria for links to militant Islamists
2 hours -
Ghana’s recovery supported by gold strength despite global oil price pressures – Standard Bank Research
2 hours -
Methodist Church hails Mfantsipim@150; calls for “fresh consecration” to excellence
2 hours -
‘Excellence is our inheritance’ – Nana Sam Brew-Butler hails Mfantsipim’s 150-year reign in leadership
3 hours -
Kwaku Azar writes: A-G vs OSP
3 hours -
Mfantsipim–Adisadel rivalry built excellence, not division – Sam Jonah
3 hours -
Vice President launches Mfantsipim’s 150 years of shaping Ghana’s greatest mind
3 hours -
I assure Otumfuo, Mahama will join him to commission KNUST Teaching Hospital by end of this year – Haruna Iddrisu
4 hours -
Barcelona dominate derby to extend La Liga lead
4 hours -
Gov’t to roll out free special education for persons with disabilities from July 1 – Education Minister
4 hours -
Importers and Exporters Association declares full support for Publican AI port system
5 hours