JUBA, JANUARY 26, 2026 — President Salva Kiir Mayardit directed the Bank of South Sudan, the Ministry of Finance, and the broader macroeconomic team to work together to stabilise the nation’s economy.
President Kiir spoke during the swearing-in ceremony of Johnny Ohisa Damian as Governor of the Bank of South Sudan for a third consecutive term. The President announced three national priorities: peace and security, economic recovery, and holding general elections, programmes he said require full funding.
In line with these priorities, Kiir tasked the Central Bank Governor to lead efforts to resolve existing challenges by addressing the liquidity crisis, reforming the banking sector, and restoring public confidence in the financial system through sound and disciplined monetary policies.
In his acceptance remarks, Governor Johnny Ohisa Damian highlighted the need to diversify the economy through investment in the gold purchase project to improve national revenues and reduce dependence on oil.
The Bank of South Sudan plays a critical role in monetary policy formulation, banking supervision, and financial stability, areas officials say remain central to renewed efforts to revitalise the economy.
