South Sudan has now a Vice President, new currency to be released soon

By on Jul 11, 2011 in Africa, Finance, International, Politics Comments

South Sudan has now a vice president in the name of Riek Machar Teny, as appointed by President Salva Kiir on Sunday, July 10, 2011, with the newly-independent country also to release a new currency soon.

South Sudan President Salva Kiir (right) and
Vice President Riek Machar file photo

Image Credit: Reuters

As reported at Sudan Tribune that day, President Kiir announced a decree appointing Riek Machar Teny as vice president, who sworn into office on Monday.

According to the report, Machar also held the same position during the previous Southern Sudan regional government until it was declared as Republic of South Sudan last Saturday, July 9.

In addition, President Kiir also formed a new government by appointing new cabinet members which were noted to be acting as caretaker national ministers.

Among the newly appointed cabinet members are Nhial Deng Nhial as Minister of Defense and Deng Alor as Minister of Foreign Affairs.

Meanwhile, South Sudan Finance Minister David Deng Athorbei reportedly announced on Monday that a new currency is being set for arrival on Wednesday, July 13, 2011.

As told by Athorbei to reporters in Juba, South Sudan’s new currency will be printed by De La Rue Plc, and will feature the image of Dr. John Garang, a noted war hero.

The finance minister added that the value of the South Sudan pound will be equal to Sudan pound, which is now around 2.67 against the US dollar, according to the country’s central bank.

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