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Juba – Al-Wadi Weekly Newspaper
The Minister of Finance and Planning, Hon. Kuol Daniel Ayulo, held a meeting attended by the Governor of the Bank of South Sudan, Mr. Addis Ababa Othow, and representatives of De La Rue, led by the company’s Chief Executive Officer, Mr. Clive Fisher.
The meeting discussed ways to strengthen financial and monetary cooperation between the national treasury and De La Rue, which has extensive expertise and global experience in currency and cash management.
Following extensive deliberations, the Bank of South Sudan and De La Rue signed a Memorandum of Understanding on a partnership in currency management. The agreement will enable De La Rue to provide specialized technical expertise and broad support across key stages of the currency life cycle, including currency planning, forecasting future requirements, quality management, and currency circulation, with the aim of strengthening public confidence in the South Sudanese Pound.
The partnership agreement also paves the way for building sustainable currency management capacity within the Bank of South Sudan and supporting the modernization of the currency management framework in line with international standards and best practices. It will further contribute to strengthening the security, resilience, and integrity of the country’s monetary and financial system.
The meeting was also attended by the Deputy Minister of Finance and Planning, Mr. Thok Thork Thok, the Undersecretary for Finance, Mr. Malwal Tap, as well as technical officials from the Bank of South Sudan and the Ministry of Finance and Planning.
