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The official explained the reason for the reversal of the devaluation as thus: So we have considered these views. The official further said the bank will issue a circular communicating the reversal of its earlier decision. In explaining reasons for the devaluation, the bank had said it was a reformatory measure aimed at achieving price stability in Slut in Gogrial country that heavily depends on oil exports.

The devaluation, the Central bank further explained, was a short term measure to create more reliable access to foreign currency by the public and the business community.

However on Wednesday lawmakers said the decision of the bank had led to a rise in consumer prices as well as commodities such as fuel, water and other imported commodities. James Lual, a member of the national parliament from Warrap state representing Gogrial West said the devaluation, if not reversed, could have had a negative effect on the economy. Lual was one of the legislators who swiftly reacted to the decision by the Central Bank with a motion summoning the minister of finance, Aggrey Tisa Sabuni and the governor of the central bank, Kornelio Koryom Mayiik.

Deputy Speaker of parliament, Mark Nyipuoc, said the constitutional permits parliament to summon any officials with the exception to appear before it with the exception of the President. The problem is that prices have already shooted and my doubt is that these price will never come down. The Central Bank of South Sudan is an independent institution that is reponsible of placing monatory and fiscal policies together with the National ministry of finance,but this indepenency will never reach that a currency is devaluated without wider consultation with e.

Slut in Gogrial has removed the power from the president,coup, who will talk to him, every one is under the control of the bank governor. Take care you people. Bravo Central Bank of South Sudan for reversing your decision on devaluation. Now you have wise decision for the suffering of our people. With our hard earned hard currency, we should aviod importing NIDO powder milk and frozen chicken. We can import fuel, medicines and spareparts.

The problem is Slut in Gogrial our lawmakers alwasys take decision when they are drunk, what a country?. These thug must consider the public they rule and not compared us with the Jallabas in Khartoum, otherwise we vote for total independence so that we be Slut in Gogrial not because we need to follow Islamic laws of Khartoum. Government lead by hopeless people will never be good,just reverse and move forword that is kiir is bout,this is not leadership,kiir fail in front southernes,tribes are fighting themself kiir sleep,Arab grabing the land kiir sleep drinking ,food price are going up with Slut in Gogrial citzents are dying kiir sleep,war is coming from Bashir kiir is drink with sluts in bars,is that a leader or tradditional din.

This clearly shows that the governor of the central bank is incapable Slut in Gogrial governing and I fear the worst is to come when the prices of commodities rise in the market. I conclude that this government has no feature plans for this country. The leaders of the government of RSS are surely properly confused to the core beginning from bottom up. The country is being mismanaged by drunkards, and I tell you, we are yet to the see the worst coming, period.

South Sudan has to live on its own means than following the footsteps of Khartoum. The point of falling back to Khartoum is oil for those gangs of criminals running Slut in Gogrial Affairs of RSS. Seriousness is always needed from our lawmakers,decisions must be taken strictly when need be. Currency devaluation is a crooked way of increasing competitiveness with trading partners of which South Sudan has non due in terms of export of manufactured goods; some Slut in Gogrial do the same by paying substantial subsidies to their producers; of course they only implement policies that do not affect wages of citizens; sorry that Kornelio has no understanding how these policies work!

Crime investigation should be luanch against such attempt which has now confussed the market. So far so good. Everybody now in South Sudan is an economics expert. Here is what Prof. The price rise you see is short term 2. As a result of rate rise more Dollars will be available 3. The parliamentarians are the owners of Forex and Commercial banks 4. Neutrality of currency is lacking 5. Encourage investors to invest in South Sudan 6. I urge all South Sudanese to stop kitchen Slut in Gogrial that will not progress this country back.

The argument that salaries are low is nonevent. We have got monetary policies and fiscal policies to be Slut in Gogrial by Ministry of Finance and Central Bank. Agutthon 3 questions, what economy are you talking about when we import everything including tomatoes? Yesterday, he had been barking like toothless night dogs. We are not going to accept our currency to be devalued like that of Khartoum.

Koroyom had been Slut in Gogrial with governor of Sudan for something that will benefit him. But he find it hard. Thanks a Slut in Gogrial to our members of Parliament.

Hi my friend, this so call governor had been confused when he took Shisha mixed with cocaine then he add strong Wishy maybe John Walker. Waking up he decided to utter his word. Fellows, Calm down, the issue at hand here is a good chance for those who think they know anything on the Slut in Gogrial. Imagine you had a chance to voice your opinion or expertise on the spotlight, i. Unfortunately, our only significant export is oil.

To "encourage foreign investment? Those were my opinions, and I would encourage learning comments like that of mr Letigolight. Yes, devaluing our pound "increases competitiveness with trading partners". Higher demand equal higher prices, this was already going on before SS devalue it currency, so. Comment on this article. The following ads are provided by Google.

SudanTribune has no authority on it. Article Comments 28 Email. A file photo shows notes of the new South Sudan pound, which pictures the late South Sudanese independence leader John Garang, in Juba on July 18, Comments on the Sudan Tribune website must abide by the following rules.

Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

There is now also a limit of words per comment. If you Slut in Gogrial to express yourself in more detail than this allows, please e-mail your comment as an article to comment sudantribune. Kinkak Kaimot Loki repondre message. Government lead by hopeless people will never be good,just reverse and move forword that is kiir is bout,this is not leadership,kiir fail in front southernes,tribes are fighting themself kiir sleep,Arab grabing the land kiir sleep drinking ,food price are going up with poor citzents are dying kiir sleep,war is coming from Bashir kiir is drink with sluts in bars,is that a Slut in Gogrial or tradditional din repondre message.

Korm must be punished hard! Slut in Gogrial, Uganda, Sudan repondre message. The Sudanese Tsunami Latest Press Releases Ethnic Murle politicians say enough to cattle raiding Jodi Jonglei, who is also South Sudan Opposition Alliance internal leadership change frication is disturbing and Slut in Gogrial public opinion.

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