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

Philippines, Muslim Rebels Try to Salvage Peace Pact

Peace process faces major setback after botched military operation to find terrorists results in bloody gunbattle between government forces, Moro Islamic Liberation Front fighters More

Republicans Expect Long, Expensive Presidential Battle

Political strategist says eventual winner will be one who can put together strongest coalition of various conservative groups that make up Republican Party More

Video New Wheelchair Is Easier to Use, Increases Mobility

Engineers have come up with a lever-operated design that makes use of easily accessible bicycle technology 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.
Liberia's Almost Last Ebola Patient Grateful but Still Grievingi
X
Benno Muchler
March 26, 2015 3:41 PM
Beatrice Yardolo was to make history as Liberia’s last Ebola patient. Liberians recently started counting down 42 days, the period that has to go by without a single new infection until the World Health Organization can declare a country Ebola-free. That countdown stopped on March 20 when there was another new case of Ebola, making Yardolo’s story a reminder that Ebola is far from over. Benno Muchler reports from Monrovia.
Video

Video Liberia's Almost Last Ebola Patient Grateful but Still Grieving

Beatrice Yardolo was to make history as Liberia’s last Ebola patient. Liberians recently started counting down 42 days, the period that has to go by without a single new infection until the World Health Organization can declare a country Ebola-free. That countdown stopped on March 20 when there was another new case of Ebola, making Yardolo’s story a reminder that Ebola is far from over. Benno Muchler reports from Monrovia.
Video

Video Cambodian Land Grabs Threaten Traditional Communities

Indigenous communities in Cambodia's Ratanakiri province say the government’s economic land concession policy is taking away their land and traditional way of life, making many fear that their identity will soon be lost. Local authorities, though, have denied this is the case. VOA's Say Mony went to investigate and filed this report, narrated by Colin Lovett.
Video

Video US, South Korea Conduct Joint Military Exercises

The Eighth U.S. Army Division and the Eighth Republic of Korea Mechanized Infantry Division put on a well orchestrated show of force for the media this week during their joint military training exercises in South Korea. VOA’s Seoul correspondent Brian Padden was there and reports the soldiers were well disciplined both in conducting a complex live fire exercise and in staying on message with the press.
Video

Video Space Program Status Disappoints 'Last Man on the Moon'

One of the films that drew big crowds last week at the annual South by Southwest festival in Austin, Texas, tells the story of the last human being to stand on the moon, U.S. astronaut Eugene Cernan. It has been 42 years since Cernan returned from the moon and he laments that no one else has gone there since. VOA’s Greg Flakus reports.
Video

Video Young Filmmakers Shine Spotlight on Giving Back

A group of student filmmakers from across the United States joined President Barack Obama at the White House this month for the second annual White House Student Film Festival. Fifteen short films were officially selected from more than 1,500 entries by students aged 6 through 18. The filmmakers and their families then joined the president and a group of celebrities for a screening of their films. VOA’s Julie Taboh reports.
Video

Video VOA Exclusive: Interview with Afghan President Ashraf Ghani

Afghan President Ashraf Ghani, during his first visit as president to Washington, gave a one-on-one interview with VOA Afghan Service reporter Said Suleiman Ashna, about his request for a change in U.S. troop levels, the threat from the Islamic State, and repairing relations with the United States and Pakistan. The interview was held at Blair House, late Sunday, in Pashto.
Video

Video California Science Center Tells Story of Dead Sea Scrolls

The ancient manuscripts were uncovered in the mid-20th century, and they are still yielding clues about life and religious beliefs in ancient Israel. As VOA's Mike O'Sullivan reports, an exhibit in Los Angeles shows how modern science is bringing the history of these ancient documents to life.
Video

Video Angelina Jolie Takes Another Bold Step

Hollywood actress and filmmaker Angelina Jolie has revealed she had her ovaries and fallopian tubes removed to lower her odds of getting cancer. Doctors say the huge publicity over her decision will help raise awareness about the importance of cancer screening. VOA’s George Putic has more

All About America

Circumventing Censorship

An Internet Primer for Healthy Web Habits

As surveillance and censoring technologies advance, so, too, do new tools for your computer or mobile device that help protect your privacy and break through Internet censorship.
More