South Sudan’s parliament said Thursday it will hold a special session next week to question Central Bank governor Kornelio Koryom and Finance Minister Designate David Deng Athorbie to explain how the government will deal with the rise in consumer prices.
The head of the parliamentary information committee Thomas Wani Kundu told reporters they will ask Koryom why there is a dollar scarcity, and ask the Athorbie how he will solve the situation.
Wani Kundu expressed concern that traders have increased prices of commodities due to dollar scarcity. He stressed that the house was “very concerned.”
“People are talking of the scarcity of dollars as the cause of the rise in the prices of basic commodities but we have seen that dollar is being sold in the black market by people whom we don’t expect to have the dollar. Where do they get the dollars?” he asked.
Meanwhile, Lam Akol, leader of the main opposition party Sudan People’s Liberation Movement for Democratic Change (SPLM-DC), said the only alternative to averting economic is peace.
“There is no other way to fix this situation now. The only solution is to bring peace. To save the country from economic collapse, a quick decision must be taken to unify the exchange rates,” he said.