R-ARCSS on economic and financial management reforms in South Sudan (Part 4)

One of the recommendations from the recently concluded fifth governors’ forum was the directive to the Ministry of Finance and Planning and the Bank of South Sudan to “accelerate reforms in the Public Financial Management (PFM).”

In relation to that and the economic reforms provided for in the Agreement on the Resolution of the Conflict in South Sudan (R-ARCSS), it is important to note the following:

1- RJMEC’s latest report on the status of the implementation of the R-ARCSS noted the creation of a Public Financial Management (PFM) Oversight Committee “focused on implementing the priorities they had identified.” The report says, “Regarding public expenditure, the government developed a payroll cleansing report of headcount that is currently being implemented and has screened employees, resulting in a much-shrunken payroll. The Oversight Committee is also reviewing the status of South Sudan’s public debt as required in article 4.14.3 of the R-ARCSS. “

2- While Article 4.1.4. of the R-ARCSS is broader on establishing a high-level, competent and effective oversight mechanism that shall control revenue collection, budgeting, revenue allocation, and expenditure, among others, Article 4.12.1.4. is specific that the Revitalised Transitional Government of National Unity shall, within three (3) months of the commencement of the Transitional Period, review the implementation of the Public Financial Management and Accountability Act, 2011.

3- The R-ARCSS also says the RTGoNU shall, through legislation, establish an Economic and Financial Management Authority (EFMA), within four months of the transition, comprised of individuals selected on the basis of a set of criteria by the Board of EFMA as per the legislation that establishes the authority. According to the Agreement, the Authority’s mandate is to provide effective oversight of economic and public financial management, as well as to ensure transparency and accountability, particularly in the oil and petroleum sector, concessions and contract award, budgetary and public expenditure, revenue collection, and other related matters. (See Article 4.16.1).

Other R-ARCSS Provisions on Economic and Financial Management Authority

The R-ARCSS states:

-The Economic and Financial Management Authority (EFMA) shall be governed by a board to be known as the Board of Economic and Financial Management Authority (BEFMA) comprising the President and the First Vice President of the RTGoNU as Chair and Deputy Chair respectively, the four Vice Presidents and Ministers of Finance and Planning, Petroleum, Mining, Roads and Bridges, the Governor of the Bank of South Sudan (BoSS), the National Revenue Authority, the Chair of the Parliamentary Committee dealing with Public Accounts; representatives of political parties, the South Sudan Chamber of Commerce, Industry and Agriculture (SSCCIA), Civil Society, women representatives, youth and academia.

-The BEFMA shall appoint the Head of the Authority that shall be endorsed by the Transitional National Legislative Assembly (TNLA). In the exercise of its statutory and oversight functions, the Authority shall be independent, and all public and private institutions shall fully cooperate with the Authority.

-The EFMA shall be supported by an Advisory Committee comprised of: the World Bank, International Monetary Fund, African Development Bank, Common Market for Eastern and Southern Africa (COMESA), PTA Bank, UN-Economic Commission for Africa, United Nations Development Programme, and three (3) major donor representatives. The Advisory Committee shall select its own Chair, Deputy and sub-committee leaders.

-The main tasks of the Advisory Committee shall include, among others, shall include: advising the oversight Authority, building the capacity of EFMA, and assessing and reviewing the Authority’s effectiveness in its oversight functions, identifying gaps and recommending solutions. The Advisory Committee shall submit its regular report to the BEFMA, EFMA and RJMEC. The Chairperson of the Advisory Committee and sub-committee leaders in the Committees shall participate in the BEFMA and the EFMA meetings as experts.

– The Authority in collaboration and support of the Advisory Committee, shall develop an efficient and effective oversight mechanism through institutional follow-up, support and review of the implementation of public economic and financial programmes by line ministries and other departments.

No later than six (6) months of the Transition, the BEFMA, EFMA, and its Secretariat, and the Advisory Committee shall be fully functional. (See Article 4.16 of the R-ARCSS)

While delays in implementing the R-ARCSS continue to be there, with various reasons being cited, dialogue, engagements, and knowing what should and can be done at various levels as far as reform and the implementation of the agreement is concerned, is important and a part of the peace process.

Roger Alfred Yoron Modi, a South Sudanese journalist, is the author of the book Freedom of Expression and Media Laws in South Sudan. Roger is also the producer and host of The Weekly Review: Making Sense of Relevant Topics and News. He has a background in law.

DISCLAIMER: All comments and opinions appearing on this website are those of the authors and do not represent the editorial view of The City Review Newspaper.