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Kiir, IMF chief in South Sudan discuss economic reforms

IMF mission team meeting President Kiir in Juba. [Photo by presidency]

JUBA – South Sudan President Salva Kiir Mayardit on Friday met the head of the International Monetary Fund (IMF) mission in South Sudan Nikko Hobdari to discuss economic reforms the world’s youngest country is undergoing.

In a statement the presidency said the IMF team commended the progress made by the revitalized transitional government in the economic sector which he said is moving in the right direction.

“His Excellency Salva Kiir Mayardit, President of the Republic met in his Office with the team from the International Monetary Fund (IMF) headed by the Mission Chief for South Sudan, Mr. Nikko Hobdari and discussed issues pertaining to the ongoing economic reforms in the Country in the context of Chapter IV of the Revitalized Peace Agreement,” the presidency said.

The statement said the “IMF team commended the Government of South Sudan for progress made towards the implementation of the Public Financial Management Reform agenda in the Country.”

Hobdari said they “have discovered that there is progress in the economic reforms heading towards the right direction.”

For his part, South Sudan finance minister Agak Achuil said “the economic reforms are going on well and the authorities are doing their best to steer the economy into the right direction.”

Source: Culled From Sudan Post.