Jonglei receives new South Sudan currency
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By John Actually
July 21, 2011 (BOR) - The long awaited South Sudan Pound has finally
arrived in Jonglei with a ceremony on Thursday.
JPEG - 37.6 kb
Governor Manyang at the South Sudan Pound ceremony, 21 July 2011 (ST)
Organised under the governor’s chairmanship near his office the event
was attended by the delegation from the central bank of South Sudan
headed by Donglia Balingo, state cabinet ministers, MPs, advisers, UN
agencies, and citizens.
Governor Kuol Manyang told the citizens that anybody found crossing
international borders with South Sudan Pounds adding will face 10
years imprisonment.
He said foreigners and South Sudan citizens travelling to Khartoum and
other countries shall only exchange their money for dollars or get the
currencies of the countries they are travelling to, from the central
bank of South Sudan.
Manyang said there will be two months in which the new currency can be
exchanged for the old Sudanese Pound.
He also said storing large sums of money at home kills the economy of
a country. He said the national currency should be kept at the banks
to keep the money circulating in the hands of users.
Kenya Commercial Bank (KCB), being the only bank operating in the
state, many people tend to keep their money homes because they lack
trust in the bank. Others thought the banks belongs to Kuol, as they
misinterpret the abbreviation, KCB-as Kuol Commercial Bank instead of
Kenya Commercial Bank. Kuol being the first name of the state
governor.
“Those of you who are refusing to keep their money in KCB, the bank is
not mine. It is not Kuol Commercial Bank but Kenya Commercial Bank”,
said Manyang.
The state legal affairs minister, Mayen Ohka, told the gathering that
the new currency should be respected just like the new nation’s flag.
The general public of Jonglei expressed their appreciation of the new
currency in terms of its size and appearance including the the special
honour given to late Dr. John Garang whose face appears on the notes,
but criticized the notes to including a date.
(ST)
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