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    BREAKING NEWS
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    South Sudan takes steps to boost non-oil revenue

    Posted On 08 Jun 2019
    By : New Africa Business News, Staff Correspondent
    Comment: 0

    BY YESMAN ANTOH-

     

    In South Sudan
    Photo Credit: CPJ

    NEW AFRICA BUSINESS NEWS, Accra, Ghana- SOUTH SUDAN said its efforts to boost non-oil revenue collection will be enhanced with the recently set up harmonized system code aimed at ensuring transparency.

    The Commissioner General of the National Revenue Authority (NRA), Olympio Attipoe, revealed that the harmonized system aims to increase non-oil revenue through transparent and accountable systems that will avail funds to help stabilize the country after more than five years of conflict.

    “We have duty and responsibility to collect money in very transparent manner and account for it and that is why we have opened training for 30 custom officers on the harmonized system code,” said Attipoe in Juba.

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    South Sudan in January earned 14.2 million U.S dollars in non-oil revenue for the first time under the Non-oil Revenue Mobilization and Accountability project supported by the African Development Bank (AfDB).

    The country depends heavily on oil revenue to finance its fiscal budget, but oil production was disrupted following outbreak of conflict in December 2013.

    The Director General of Custom Services, Akol Ayii Madut, said that they are committed toward improving the working condition of custom officers to enable them to achieve their revenue targets.

    Madut said the computerized system like in other countries will improve productivity and efficiency in the revenue department.

    BY YESMAN ANTOH, NEW AFRICA BUSINESS NEWS, BUSINESS & POLITICS, GLOBAL CORRESPONDENT

    Facebook: newafricabusinessnews.com

    Email: Info@newafricabusinessnews.com

    About the Author
    New Africa Business News Staff Correspondent
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    $1.1 Billion Senegal's postponed Ndayane Deep Waterport to be Constructed in Coalition with DP World

    A twin Currency Trade Finance Line of Credit of $50 Million and €50 Million has been validated by the Board of Directors of the African Development Bank Group and the ECOWAS Bank for Investment and Development

    $100 Billion in Investment is needle for the Modernization and Harmonization of Regulatory Framework to boost Africa's established Broadband Coverage by 2030

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    • $1.1 Billion Senegal’s postponed Ndayane Deep Waterport to be Constructed in Coalition with DP World
    • A twin Currency Trade Finance Line of Credit of $50 Million and €50 Million has been validated by the Board of Directors of the African Development Bank Group and the ECOWAS Bank for Investment and Development
    • $100 Billion in Investment is needle for the Modernization and Harmonization of Regulatory Framework to boost Africa’s established Broadband Coverage by 2030
    • Nigeria Launches National Domestic Payments Card Program
    • In Guinea-Bissau, ECOWAS Parliament held a 3 Day Seminar on the Adoption of a Single Currency for Member African States

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