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Article

14 Jan 2022

Author:
Sudan Tribune

South Sudan: Calls for transparency in management of revenue, with oil revenue accounting for 90% of the budget

"Troika urges accountability on South Sudan oil data, non-oil revenues"

South Sudan’s unity government should ensure relevant data on oil and non-oil revenues are easily available to the public, the Troika said. The move, the United States, United Kingdom and Norway (Troika) said in a joint statement is in line with the public financial management reforms aimed at enhancing transparency and accountability for the benefit of all South Sudanese. “In achieving this we stress that fiscal data – including on oil and non-oil revenues – should be published on the Ministry of Finance and Planning website regularly and without delay,” partly reads the joint statement...“Information should also be made public on any outstanding balance owed to Sudan on the Transitional Financing Arrangement and on any debt Sudan may now owe South Sudan from the oil it receives in-kind each day”. Revenues from oil account for over 90 per cent of South Sudan’s annual budget.