South Sudan Gov’t Launches Three-Year National Development Plan

South Sudan government has launched a three-year revised national development plan to strengthen institutions for a transparent, accountable and inclusive governance until 2024.

The 117 pages document known as the Revised National Development Strategy 2021 – 2024, is expected to enforce South Sudan’s vision 2040 towards equality, justice, peace and prosperity for all.

It sets out a roadmap for development of a four-year comprehensive medium-term national development plan to usher in a post transition democratically elected government.

In addition, it is also said to foster macroeconomic stability and lay foundation for diversification of the economy.

In his inaugural written speech, President Salva Kiir said the unity government is committed to restore durable peace and build a prosperous South Sudan.

The First Deputy Dr. Riek Machar, who acted on behalf of the President read out the statement.

“Our shared vision and optimism is to build a prosperous country where citizens of all ages pursue happiness guided and governed by the rule of law and to dream of the brighter future, and believe in ability to restrain from acts of violence,” Machar reads the president’s statement.

Your Friends Also Read:  INEC Declares APC’s Oyebanji Winner of Ekiti Gubernatorial Race

“This optimism stand on the strategic pillars for restoring our dignity as a nation and people,” the statement added.

South Sudan Brace for Potentially Disastrous Rainy Season (News Central TV)
South Sudan Brace for Potentially Disastrous Rainy Season

A World Bank reported indicated that South Sudan remains severely impacted by fragility, economic stagnation, and instability a decade after independence.

Poverty is ubiquitous and is being reinforced by ongoing intercommunal conflict, displacement, and external shocks.

Once implemented, the strategy will help build critical infrastructure for sustainable development including roads, energy, peace building and broadband capability.

It will also increase support to the social sector for human capital development and protect the vulnerable population to leave no one behind.

Other key objectives in the strategy is to mainstream gender in all development policies and programs and empower women and youth as drivers of growth and nation building, among others.

Your Friends Also Read:  Nigerian Man Otarigho Drives Petrol Tanker on Fire to Safety

President Kiir said in the statement that the transitional government will embark on the process of sustainable peace, economic growth and eradication of poverty.

“Our commitment to public investment programming, is that it provides the first step for the reconstituted transitional government of national unity to embark on building inclusive political and economic institutions which would intern ensure sustainable peace, economic growth and poverty reduction,”

“The second step is to instruct institutions of government responsible for the various provisions of the revitalized peace agreement to ensure alignment with revised national development strategy,” reads Kiir’s statement.

The implementation of the three-year revised national development strategy is projected at 7.2 billion US dollars.

Your Friends Also Read:  Business Edge | Ramaphosa Charts New Course With State Of The Nation Address

This include, $2.2 billion in year one, $2.48 billion in year two and $2.55 billion in year three.

According to the plan, government is expected to put in place mechanisms that ensure the country can mobilize domestic revenue more effectively.


All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from News Central TV.

Contact: digital@newscentral.ng

Total
1
Shares

Leave a Reply

Previous Article
AfDB Appoints Simon Mizrahi, Jacques Edjangue as New Vice presidents (News Central TV)

AfDB Appoints Simon Mizrahi, Jacques Edjangue as New Vice Presidents

Next Article

Remains of Independence Hero Lumumba Return to D.R Congo

Related Posts
Powered by Live Score & Live Score App