The International Monetary Fund (IMF) African Department has committed to supporting the Government of South Sudan in developing strong microfinance policies and strategies aimed at driving long-term economic resilience. This support includes both technical expertise and policy guidance to help the country strengthen its financial systems and improve the livelihoods of its people.
The important pledge came during a high-level meeting held between Vice President Dr. Benjamin Bol Mel and an IMF delegation led by the Mission Chief for South Sudan, Mame Astou Diouf. Also present at the meeting was the Minister of Finance and Planning, Hon. Dr. Marial Dongrin Ater.
Vice President Dr. Bol Mel expressed the Government’s appreciation for the IMF’s continued support and provided the delegation with updates on ongoing national efforts to restore financial stability, enhance accountability, and promote inclusive economic growth.
The IMF delegation is currently in Juba on a 10-day mission. A central focus of their visit is the implementation of the Staff Monitored Program (SMP)—a critical framework designed to promote macroeconomic stability and lay the groundwork for sustained IMF engagement with South Sudan.
Vice President Dr. Mel said that the government of H.E. President Salva Kiir Mayardit is taking firm steps to put the national economy on a path toward recovery and progress. Through institutional reforms, policy enhancements, and improved governance, South Sudan is working to create a resilient and inclusive financial environment.
With trusted partners like the IMF walking alongside us, opportunities will be created and every South Sudanese will begin to feel the impact of national transformation, he said.
Written by Chol Atak
