FinMin presents 2014-2015 Budget
The Sudan Tribune reports that South Sudan’s Minister of Finance, Agrey Tisa Sabuni, has announced his 2014-15 annual budget.
The budget is down by SSP 6 billion on last year’s figures as a result of the on-going problems in Unity State and Upper Nile State preventing oil production. The budget this year is for South Sudanese Pounds, SSP 11.278 billion ($4 billion) as opposed to last year when it was SSP 17.3 billion.
The budget envisages oil revenues to contribute SSP 8.891 billion SSP with non-oil revenues of SSP 2.650 billion. Donations and loans from the World Bank and other international organisations will account for SSP 436 million.
The Tribune says that expenditure in the budget covers:
- Government employees; SSP 4.378 billion
- Security Sector; SSP 3.13 billion
- Fire, Police and Prison Services; SSP 1.573 billion
- Education; SSP 622 million
- Health; SSP 451 million
- Infrastructure; SSP 393 million
- Roads in the key priority sector; SSP 90 million
- Juba airport; SSP 150 million SSP
- Natural Resources and Rural Development; SSP 363 million
- Public Administration; SSP 822 million
- Humanitarian sector; SSP 110 million