South Sudan’s President Salva Kiir has dismissed the central
bank governor and appointed a replacement.
The dismissal of Dier Ngor has been announced in a presidential
decree read on national television on Monday night. No
reasons were given for his sacking.
He was replaced by Moses Deng who has been a director-
general in charge of banks’ supervision and research at the
bank.
South Sudan’s economy is driven by oil, which accounts for
nearly 90percent of the country’s national budget.
Some South Sudanese online have welcomed the
appointment of Deng and urged him to improve the economy.