Kiir replaces Finance Ministry Undersecretary

South Sudan President Salva Kiir

South Sudan’s President Salva Kiir on Friday sacked the First Undersecretary in the Ministry of Finance and Planning, Malual Tap Dieu, and replaced him with Garang Majak Bol.

The change was announced in a decree aired on the state-owned South Sudan Broadcasting Corporation (SSBC).

The President gave no reasons for the change.

South Sudan’s economy has been under pressure in recent months, with crude oil export revenue having dwindled since a 2013-2018 conflict and more recently export disruptions due to war in neighboring Sudan.

Central bank governor James Alic Garang said in May South Sudan’s foreign exchange reserves were at historic lows.

The International Monetary Fund projects consumer price inflation at a lofty 54.8 percent this year.