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Juba – Al-Wadi Newspaper
The official delegation from the Government of South Sudan has returned to the country following its participation in the 2025 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group, held in Washington, D.C.
The delegation was led by the Minister of Finance and Planning, Hon. Athian Deng Athian, accompanied by the Governor of the Bank of South Sudan, Dr. Addis Ababa Othow Akongdit, along with senior officials from the Ministry.
During the meetings, the South Sudanese delegation engaged in a series of intensive discussions with leaders of major international financial institutions, including the IMF, the World Bank, and a number of development partners. The talks focused on key areas such as enhancing macroeconomic stability, expanding access to concessional financing, and stabilizing exchange rates. The delegation also reviewed progress made in public financial management reforms aimed at increasing transparency in the handling of oil and non-oil revenues, as part of broader efforts to restore economic stability and promote inclusive growth.
The delegation also addressed fiscal policy matters, highlighting the importance of strengthening fiscal discipline, rationalizing public expenditure, increasing domestic revenue mobilization, and improving debt management and financial governance frameworks.
Regarding monetary policy, discussions emphasized the need to modernize the national financial sector, develop digital payment systems, enhance the effectiveness of monetary policy instruments, and stabilize the foreign exchange market through robust and well-targeted policy tools.
The delegation held meetings with several high-level figures, including Akihiko Nishio, Vice President for Development Finance at the World Bank, and Ndiame Diop, Vice President for Southern and Eastern Africa at the International Finance Corporation (IFC). They also engaged with representatives from the African Export-Import Bank (Afreximbank), the African Trade and Investment Development Insurance (ATIDI), the African Development Bank (AfDB), as well as senior officials from the U.S. Department of State and members of the U.S. Senate Foreign Relations Committee.
The Ministry of Finance and Planning described the meetings as successful and productive, noting that they provided strong momentum for advancing South Sudan’s economic reform agenda. The government reaffirmed its commitment to continuing the implementation of sustainable development programs.
In conclusion, the Ministry of Finance and the Bank of South Sudan expressed their gratitude and appreciation to the IMF, the World Bank, and all development partners for their continued support to South Sudan’s reform and development efforts.
