News / Africa

South Sudan Finance Minister Seeks More Non-Oil Revenues

South Sudanese lawmakers listen as Finance Minister Aggrey Sabuni Tisa presents the 2014-15 budget.
South Sudanese lawmakers listen as Finance Minister Aggrey Sabuni Tisa presents the 2014-15 budget.

South Sudan Minister of Finance Aggrey Sabuni Tisa urged the country to diversify its economic base so that it collects more revenues from sources other than oil as he presented the 2014-15 budget to lawmakers this week.

Oil brings in the lion's share of South Sudan's revenues, and the government expects it to bring in 8.9 billion South Sudanese pounds in revenue this fiscal year, or nearly 80 percent of the 11.3 billion pound budget submitted to parliament this week by President Salva Kiir.

Non-oil revenue is expected to be less than half of what oil brings in. Tisa predicted it will be bring in approximately 3 billion pounds and will come from sales taxes, customs and excise duties, personal income and business taxes, and license and other fees paid to the government. 

Second largest budget in South Sudan history

The budget is the second largest in the country's history. Only last year's budget was larger, at 18.6 billion pounds, or around $5.8 billion.

Nearly half of last year's budget was used to pay back loans the country took out when a row with Sudan over pipeline transit fees led to South Sudan shutting down oil production in 2012.

Presenting the 2014-15 budget to lawmakers, Tisa said its primary focus will be to "maintain security, keep government running and provide core services."

More than a third of the budget -- 4 billion South Sudanese pounds -- will go to the security sector. 

"We will also make efforts to pay down our debts and pay off some of our arrears, so that our finances remain on a sustainable footing. We will also support a few carefully selected investments to underpin our peace and reconstruction efforts,” he said.

Two-hundred-and-sixty-million pounds will go toward paying interest on outstanding debts and 800 million pounds to debt arrears.

Education was allocated 6.2 million pounds, and health around 4 million pounds.

Anti-fraud measures

Tisa called for an overhaul of revenue collection in South Sudan. Among other things, he said South Sudan needs laws that ensure that revenues do not disappear into the the pockets of corrupt officials.

“We need to streamline our revenue administration to maximize our revenue collections, minimize leakages and reduce the cost of doing business," he said.

The Treasury will "work closely with the Ministry of Justice in order to ensure that spending agencies do not enter into new contracts for which they have no budgetary allocation,” Tisa said.

South Sudan's fiscal year runs from July to June. Lawmakers are expected to pass the 2014-15 budget this month.

You May Like

Taliban's New Leader Says Jihad Will Continue

Top US Afghan diplomat also meets with Pakistani, Afghan officials following news of Mullah Omar's death More

Video US Landmark Highlights Endangered Species

People gathered in streets, on rooftops in Manhattan to see image highlights that covered 33 floors of Empire State Building More

World’s Widest Suspension Bridge Being Built Over Bosphorus

Once built, Yavuz Sultan Selim Bridge will span 2 kilometers with about 1.5 kilometers over water, and will be longest suspension bridge in world carrying rail system More

This forum has been closed.
Comment Sorting
Comments
     
by: Lisa from: Tx
July 03, 2014 8:18 PM
Mr presendent kiir. Yes we would like to see economic growth. By collection of Revenues through the government taxes. My point is why not stand up as presendent, talk about the distribution of food to the communities we all know that some area have no access to food. Your minister of finance he did not mention anything about food security,people are dying no food of their own but depending on UN which is not enough. Mr presendent, the government depend on the peoples taxes, but if we have food insecurity how are you going to collect the taxes from south sudanese who can't even keep the savings for their children , instead its hand to month. Save the women and children like that woman who have walk for almost 10 hours looking for food with her kids. Am asking you the members of pearliment to help so that people don't die because of hunger, if you people eat and the people who elected you have no food for their families do you think that God is happy with you. If you can't give their children food. Excuse me, if your elected by the people in your community then make sure you don't see any food security in your areas pray and think about it or don't eat until that poor child have something to eat. If it means to beg go a head and do so your appointed to help Jesus. By helping the innocent and the suffering.

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Astronauts Train Underwater for Deep Space Missionsi
|| 0:00:00
...    
🔇
X
George Putic
July 30, 2015 8:59 PM
Manned deep space missions are still a long way off, but space agencies are already testing procedures, equipment and human stamina for operations in extreme environment conditions. Small groups of astronauts take turns in spending days in an underwater lab, off Florida’s southern coast, simulating future missions to some remote world. VOA’s George Putic reports.
Video

Video Astronauts Train Underwater for Deep Space Missions

Manned deep space missions are still a long way off, but space agencies are already testing procedures, equipment and human stamina for operations in extreme environment conditions. Small groups of astronauts take turns in spending days in an underwater lab, off Florida’s southern coast, simulating future missions to some remote world. VOA’s George Putic reports.
Video

Video Civil Rights Leaders Struggled to Achieve Voting Rights Act

Fifty years ago, lawmakers approved, and U.S. President Lyndon Johnson signed, the Voting Rights Act of 1965. The measure outlawed racial discrimination in voting, giving millions of blacks in many parts of the southern United States federal enforcement of the right to vote. Correspondent Chris Simkins introduces us to some civil rights leaders who were on the front lines in the struggle for voting rights.
Video

Video Booming London Property a ‘Haven for Dirty Money’

Billions of dollars of so-called ‘dirty money’ from the proceeds of crime - especially from Russia - are being laundered through the London property market, according to anti-corruption activists. As Henry Ridgwell reports from the British capital, the government has pledged to crack down on the practice.
Video

Video Hometown of Boy Scouts of America Founder Reacts to Gay Leader Decision

Ottawa, Illinois, is the hometown of W.D. Boyce, who founded the Boy Scouts of America in 1910. In Ottawa, where Scouting remains an important part of the legacy of the community, the end of the organization's ban on openly gay adult leaders was seen as inevitable. VOA's Kane Farabaugh reports.
Video

Video 'Metal Muscles' Flex a New Bionic Hand

Artificial limbs, including the most complex of them – the human hand – are getting more life-like and useful due to constant advances in tiny hydraulic, pneumatic and electric motors called actuators. But now, as VOA’s George Putic reports, scientists in Germany say the future of the prosthetic hand may lie not in motors but in wires that can ‘remember’ their shape.
Video

Video Russia Accused of Abusing Interpol to Pursue Opponents

A British pro-democracy group has accused Russia of abusing the global law enforcement agency Interpol by requesting the arrest and extradition of political opponents. A new report by the group notes such requests can mean the accused are unable to travel and are often unable to open bank accounts. VOA's Henry Ridgwell reports.
Video

Video 'Positive Atmosphere' Points Toward TPP Trade Deal in Hawaii

Talks on a major new trade agreement among 12 Pacific Rim nations are said to be nearing completion in Hawaii. Some trade experts say the "positive atmosphere" at the discussions could mean a deal is within reach, but there is still hard bargaining to be done over many issues and products, including U.S. drugs and Japanese rice. VOA's Jim Randle reports.
Video

Video Genome Initiative Urgently Moves to Freeze DNA Before Species Go Extinct

Earth is in the midst of its sixth mass extinction. The last such event was caused by an asteroid 66 million years ago. It killed off the dinosaurs and practically everything else. So scientists are in a race against time to classify the estimated 11 million species alive today. So far only 2 million are described by science, and researchers are worried many will disappear before they even have a name. VOA’s Rosanne Skirble reports.
Video

Video Scientists: One-Dose Malaria Cure is Possible

Scientists have long been trying to develop an effective protection and cure for malaria - one of the deadliest diseases that affects people in tropical areas, especially children. As the World Health Organization announces plans to begin clinical trials of a promising new vaccine, scientists in South Africa report that they too are at an important threshold. George Putic reports, they are testing a compound that could be a single-dose cure for malaria.
Video

Video 'New York' Magazine Features 35 Cosby Accusers

The latest issue of 'New York' magazine features 35 women who say they were drugged and raped by film and television celebrity Bill Cosby. The women are aged from 44 to 80 and come from different walks of life and races. The magazine interviewed each of them separately, but Zlatica Hoke reports their stories are similar.
Video

Video US Calls Fight Against Human Trafficking a Must Win

The United States is promising not to give up its fight against what Secretary of State John Kerry calls the “scourge” of modern slavery. Officials released the country’s annual human trafficking report Monday – a report that’s being met with some criticism. VOA’s National Security correspondent Jeff Seldin has more from the State Department.
Video

Video Washington DC Underground Streetcar Station to Become Arts Venue

Abandoned more than 50 years ago, the underground streetcar station in Washington D.C.’s historic DuPont Circle district is about to be reborn. The plan calls for turning the spacious underground platforms - once meant to be a transportation hub, - into a unique space for art exhibitions, presentations, concerts and even a film set. Roman Mamonov has more from beneath the streets of the U.S. capital. Joy Wagner narrates his report.
Video

Video Europe’s Twin Crises Collide in Greece as Migrant Numbers Soar

Greece has replaced Italy as the main gateway for migrants into Europe, with more than 100,000 arrivals in the first six months of 2015. Many want to move further into Europe and escape Greece’s economic crisis, but they face widespread dangers on the journey overland through the Balkans. VOA's Henry Ridgwell reports.
Video

Video Stink Intensifies as Lebanon’s Trash Crisis Continues

After the closure of a major rubbish dump a week ago, the streets of Beirut are filling up with trash. Having failed to draw up a plan B, politicians are struggling to deal with the problem. John Owens has more for VOA from Beirut.
Video

Video Paris Rolls Out Blueprint to Fight Climate Change

A U.N. climate conference in December aims to produce an ambitious agreement to fight heat-trapping greenhouse gases. But many local governments are not waiting, and have drafted their own climate action plans. That’s the case with Paris — which is getting special attention, since it’s hosting the climate summit. Lisa Bryant takes a look for VOA at the transformation of the French capital into an eco-city.

VOA Blogs