South Sudan President Sacks Central Bank Governor - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (F.BA)
January 4, 2022
The dismissal of Dier Tong Ngor was announced in a presidential decree read on the national broadcaster.
No reasons were given for his sacking.
He was replaced by Moses Makur Deng who has been a director-general in charge of banks’ supervision and research at the bank.
South Sudan’s economy is driven by oil, which accounts for nearly 90% of the country’s national budget.
The economy is in a bad shape due to the conflict and the drop in global oil price as a result of Covid-19 pandemic.
Some South Sudanese online have welcomed the appointment of Deng and urged him to improve the economy.