South Sudan takes steps to boost non-oil revenue

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.

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

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