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Why international community reluctant to fund the TGoNU

Author : | Published: Thursday, May 26, 2016

The International Monetary Fund is calling on the government of national unity to initiate reforms within the economic sector to attract assistance from the international community.

A delegation from the IMF visited Juba on 25th May, and met with the First Vice President, Dr Riek Machar.

They discussed economic recovery projects that the peace government should undertake.

According to First Vice President’s Office, the delegates echoed reluctance of the international community to inject funds into economic recovery activities in the country, unless there is a show of commitment by leaders to improve the economic system.

Among other issues, considerable emphasis was put on the need to address corruption.

IMF says, in order for it to help rescue the economic crisis facing the country, the government should fight corruption in its institutions.

“They want the government of national unity to show the international community that they are willing to make some changes within the economic sector, and in the government. And that includes the Bank of South Sudan and the Ministry of Finance,” said Nyarji Roman, the deputy spokesperson in Office of First vice President.

The country has been experiencing economic crisis since the conflict erupted in December 2013.

Nyarji said Dr. Riek has assured the IMF that the government of National unity will work hard to limit government expenditure.

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