Bank Of South Sudan ( BoSS) announces five-strategic plan to boost economy in the country.
The Bank Of South Sudan ( BoSS ) has unveiled a 5 year strategic plan to help focus on improving the county’s economic stability.
The plan which runs from 2023 to 2027 will ensure smooth financial system recovery and enhancement of exchange rate stability to better support the economic growth in the country and regain trust from investors.
The governor of the Bank Of South Sudan Johnny Ohisa described the purpose of the plan in his own words;
‘ Our economy has been hit by multi- internal shocks that are driving the exchange rate high’. He said.
‘ the market prices, and internally our banks have been struggling to overcome the bottom line mainly dominating from the capacity that which was identified in the first strategic plan, Human Resources, organisational culture and technology ‘.
It is been said government institutions will also be urged to enact the plan and made it into law to help allocate resources fairly.