digital payment systems and economic transformation initiatives across South Sudan will be fast-tracked through enhanced cooperation with the United Kingdom, says Dr Addis Ababa Othow, governor of the Bank of South Sudan.
Othow met in Juba with David Ashley, British ambassador to South Sudan, to discuss monetary policy, digital banking regulation, and public sector financial management.
The central bank and the Ministry of Finance are actively engaging telecommunications companies and mobile money operators to integrate the National Payment System and expand financial inclusion nationwide.
Othow briefed the UK envoy on strategic priorities, including currency management reforms and the implementation of the Integrated Financial Management Information System.
“I believe with the plan we have now, it will help us to realise our digital payment systems and move faster towards a digital economy,” says Othow.
The delegation also addressed recommendations established by the Ministerial High-Level Committee to strengthen commercial banking regulation and rebuild public trust in the national financial system.
To support broader economic resilience, the UK recently committed $139 million in bilateral aid, targeting public service delivery, healthcare, and governance transparency across the region.
South Sudan's digital transformation roadmap relies heavily on migrating from a cash-dominated economy to interoperable electronic infrastructure.
Previous ITWeb Africa reporting highlights that the central bank’s National Payment System strategy aims to connect commercial banks directly with mobile network operators.
The initiative seeks to improve state revenue collection transparency, reduce cash-handling friction, and facilitate aid distribution via digital wallets in remote, unbanked regions.
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