07/09/2025
Statement on Fixing the South Sudanese Economy
By Mr. John Ter Jok Weah
South Sudan today faces one of the most difficult economic crises in its history. The collapse in oil revenues, high inflation, currency depreciation, and weak financial controls have combined to push households into extreme hardship. To restore stability and lay a foundation for long-term growth, urgent reforms are needed, reforms that prioritize discipline, transparency, and diversification.
First, monetary financing of government must end. The Central Bank should not print money to cover deficits, as this has been the single largest driver of inflation and depreciation. Instead, government expenditures must be tied strictly to available revenues, enforced through cash ceilings and strict budget ex*****on controls.
Second, South Sudan must adopt a single, transparent foreign-exchange system through market-based auctions. Multiple exchange rates create distortions and corruption opportunities. A unified rate would stabilize prices, restore confidence, and improve investment inflows.
Third, oil revenues should be ring-fenced in a transparent account that first covers transit fees, then essential budget priorities such as salaries, medicines, and schools, before servicing arrears and building reserves. By doing so, the country can avoid the chronic arrears and leakages that have undermined past budgets.
Fourth, fiscal transparency must become the norm. Monthly publications of oil receipts, budget ex*****on, and payroll headcounts would send a powerful signal that government is serious about accountability. This would also rebuild trust with citizens and donors.
Fifth, urgent social protection measures are needed. With inflation eroding household incomes, targeted cash transfers and food support programs must be scaled up to cushion vulnerable populations, particularly women and youth.
Finally, South Sudan’s long-term stability depends on diversifying beyond oil. This requires investing in agriculture, feeder roads, storage facilities, and climate-resilient seeds to secure food supply and create jobs. Supporting small businesses and local industries will reduce import dependency and stimulate domestic growth.
In summary, South Sudan can fix its economy by combining fiscal discipline, monetary stability, transparency, and investment in non-oil growth. These are not abstract theories, they are practical, actionable measures that can restore stability, attract investor confidence, and deliver tangible benefits to our people.
The writer is Mr. John Ter Jok Weah, a highly accomplished development economist, administrator, and leader with extensive experience in governance, financial management, and organizational leadership across public, private, and humanitarian sectors. He holds a Master of Arts in Economic Development and Policy Analysis from the University of Juba, a Bachelor’s Degree in Economics from Kampala University, and a Diploma in Public Administration and Management from Meritorious Business Technical College, Kampala.
With over a decade of progressive experience, Mr. Weah has served in key leadership positions, including Commissioner of Nyandit County (2016–2018), Director General of the defunct Akobo State (2018–2020), and Head of Administration and Finance/Operations at Crawford Capital (2021–2023). He is currently the Human Resources and Administration Manager at B’SMART SUPPLY LIMITED, where he oversees HR, administration, and strategic organizational development functions.
Throughout his career, he has demonstrated strong expertise in financial policy formulation, budgeting, public sector reforms, human capital management, and institutional development. His leadership has been instrumental in strengthening financial reporting systems, enhancing accountability frameworks, and introducing modern tools for managing public budgets.
Beyond his professional career, Mr. Weah has been deeply engaged in youth leadership and civic participation, serving as a Member of the South Sudan Youth Parliament, Councilor in the South Sudan National Youth Union (SSNYU), and Chairperson of Akobo Youth Association.
A motivated and dynamic professional, Mr. Weah is recognized for his analytical thinking, advocacy, networking, and capacity to work effectively with government, donors, partners, and communities. He thrives in multi-sectoral environments and is committed to fostering sustainable social and economic development. His vision is to continue contributing to South Sudan’s growth through strategic leadership, policy innovation, and community-driven development.
