S. Sudan president orders deployment of troops to oil fields
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December 8, 2016 (JUBA) - South Sudan president Salva Kiir has ordered
for the deployment of additional troops to the oil producing region,
saying it would ensure no armed elements disturb operations of the oil
workers.
JPEG - 17.4 kb
South Sudanese soldiers guard an oil refining facility (AFP)
“We are working to stabilize the situation and improve the economic
situation. Now I have instructed the chief of general staff to work
with his team to send more troops to Bentiu and other oil areas to
ensure there is adequate security for oil workers and the community,"
the South Sudanese leader told the state-owned SSBC.
"They will ensure those who want to cut the pipeline do not get access
to disturb security of oil companies. This is one of the priorities
and will be done”, he added.
While meeting the Jikany community leaders on Thursday, Kiir urged all
armed forces to do everything they can to distinguish between
civilians and combatants and thus avoid unnecessary suffering of the
people and prevent collateral damage to property.
He admitted the economic situation was not encouraging due the
nation’s ongoing war.
Conflict in South Sudan cut oil output by a third to about 160,000
barrels per day. The country is currently only pumping oil in Upper
Nile state after production in Unity state stalled in 2014.
However, in May this year, the country’s Petroleum and Mining Ministry
said oil production was quickly declining and future production would
not reach even half of what the country used to realize five years
ago.
South Sudan’s Transitional Government of National Unity now faces an
uphill task of reviving an economy largely dependent on oil resources
to support its budget.
The oil sector, which accounts for over 90% of government revenues,
has been badly affected the recent war, in addition to the decline in
oil prices on world markets
Commodity prices also shot up due to the devaluation of the local
currency, South Sudanese pound, which has gravely impacted on the
transport sector in the country.
The most affected are importers of food items and general household
goods who have to deal with sharply increased prices to bring in goods
from neighbouring Uganda, Kenya and Sudan. Many investors have left
local and regional businesses collapse, while unemployment has
increased.
South Sudan is one of poorest countries in the world with the worst
indicators on development, health and education.
The conflict, which broke out in 2013, has negatively impacted on the
nation’s citizens, including pushing the country to the brink of
famine with over 3 million people, in desperate need of humanitarian
assistance, aid agencies warned.
Observers say despite being oil-rich, South Sudan is likely to record
negative gross domestic product growth in 2016 after growing by 30.7
percent two years ago, largely due its conflict, decline in oil
production and global fall in oil prices.
(ST)
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9 December 04:33, by Ayuiu Makuac Lam
The only way to improve economic situation, is dismiss Karnilino
Koriom Mayik, who is a Central Bank governor and to disarm the civil
arms men.
repondre message
9 December 04:42, by Ayuiu Makuac Lam
Koriom opened black market for $ USD for the first time since
government of South Sudan formed.
Economic growth is through bank governor, not minister or President.
President Kiir, wants to improve economic crisis in South Sudan,
then let him sack all those under ministry of finance and economic
planning, therefore there will be change in economics.
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