South Sudan’s new compact with donors will set out new benchmarks for specific policy actions regarding peace and state building, according to a senior government official.
The compact — to be signed Dec. 3 in Juba — is expected to have a major impact on the world’s newest country’s ability to overcome fragility, Abraham Diing Akoi, economic policy adviser at the South Sudanese Ministry of Finance, told Devex. One of the benchmarks, he said, could be improving the management of public finances with support from the International Monetary Fund.
Akoi explained the compact is “about changing the way [the] government works and donors deliver aid, so that resources are spent in the most effective, efficient and transparent manner [and] that makes a real difference for the people of South Sudan.”
This way, he noted, raising additional funds at a new donor conference is not a priority right now for the country, unlike Somalia, where domestic financing for development priorities is “extremely limited.”
“Our goal is to have benchmarks … that are relevant, realistic and can be easily reported on,” said the government official. “They will embody the joint commitment to tackle urgent priorities and to move South Sudan gradually out of fragility.”
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