Changes in currency will not include name – Makuei
![South Sudan Information Minister Michael Makuei gives a press conference on January 5, 2014 in the Ethiopian capital Addis Ababa [Photo via Getty Images]](https://i1.wp.com/www.sudanspost.com/wp-content/uploads/2020/02/gettyimages-460737645-2048x2048-1.jpg)
South Sudan Information Minister Michael Makuei gives a press conference on January 5, 2014 in the Ethiopian capital Addis Ababa [Photo via Getty Images]
“Well the change will not include the name. The government will only change some features in the pounds,” Makuei told Sudans Post from Juba this morning. “We are working on that and the final changes will be introduced soon.”
Last week, Makuei told reporters following a weekly cabinet meeting that the government has decided to change currency because citizens are hoarding their money at home without taking it to the bank which he said has contributed to the country’s economic downfall.
“So the cabinet has decided that the currency be changed. The currency should be changed so that anybody who does not take his money to the bank, is left out and will lose his money,” Makuei said last week.
South Sudan is in a serious economic crisis triggered by coronavirus pandemic, corruption and the global fall in oil prices.
A economic crisis management committee formed by President Kiir in August has recommended a number of reforms, but no improvement has so far been experienced.
This is like corona patuents changing face masks and leaving the virus un attended to. This new currency will inherit the same problems tge SSP is facing.
This pound needs peace and security resulting in investor confidence, lean and accountable government and finally investment in infrastructure – roads, power.
the issue is not with the SSP rather the higher corruption you are doing mr minister i doubt your government
Changing the currency Will not solve economic crisis!