South Sudan Central Bank champions promotion of food production ...Sudan

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South Sudan Central Bank champions promotion of food production
July 3, 2024 (JUBA) – South Sudan’s central bank is championing the promotion of efforts to enhance food production and build resilience of smallholder farmers. This, the institution said, will be achieved through strengthening market systems. Over the years, however, the banking sector has traditionally been playing a crucial role in ensuring food security, job creation, income generation, foreign exchange earnings, and linkages with other sectors of the country’s economy. The bank is collaborating with commercial banks and state governments to prioritize farming, through a financial inclusion program that encourages local savings and for commercial banks to lend money to support farming.

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