S.Sudan’s Kiir sacks finance minister amid deepening economic woes – Reports

S.Sudan’s Kiir sacks finance minister amid deepening economic woes

South Sudan’s president, Salva Kiir, has fired the finance minister, the head of the tax authority as well as the director of state-owned petrol company, state radio announced Thursday.

No reason was given for the move, but it came after plummeting oil revenues saw the country run out of foreign exchange reserves last month, leading to rapid depreciation of the South Sudanese pound.

The South Sudan Broadcasting Corporation read out an executive order which announced Kiir had decided to…

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