South Sudan’s National Audit Chamber wants the Ministry of Finance and Planning to account for the use of $114.4 million received from the International Monetary Fund (IMF) for budget and balance of payments support in 2023.
The funding was part of the emergency funding through the IMF’s Rapid Credit Facility-Food Shock Window (RCF-FSW) received in January 2023 to bolster Juba’s dwindling foreign exchange reserves and address the deepening humanitarian crisis occasioned by flooding, falling oil production and disruption of global supply chains as a result of the Ukraine-Russia war.
