Yakani calls for strong political will to implement financial reforms
Edmund Yakani, Executive Director of the Community Empowerment for Progress (CEPO) speaks to journalists after the parliamentary seating at Freedom Hall on March 27, 2023. |Credit |Daniel Garang/TRC

Following the signing of the Public Procurement and Disposal of Assets Regulations, aimed at enhancing transparency and accountability, CEPO’s Executive Director, Edmund Yakani, calls for strong political will to implement these reforms to tackle corruption and financial mismanagement.

Yakani welcomed the progress made by the Ministry of Finance and Planning, along with other financial institutions, noting that it addresses a long-overdue demand.

“This is a long-awaited deal, reforms that we demanded that should have been delivered long time ago, but it's better than having no reforms,” said Yakani

The procurement regulations signed on Thursday are part of extensive public finance management reforms targeting the pervasive corruption and resource mismanagement in South Sudan.

Historically, public procurement has been a significant issue, with weak financial controls leading to widespread fund misuse.

The new regulations aim to address these problems by setting strict guidelines for procurement and asset disposal, enhancing governance and resource allocation.

These measures are designed to combat corruption through tighten oversight of government procurement and asset disposal processes.

This initiative is part of a broader effort by the Ministry of Finance and Planning and the Central Bank of South Sudan to improve revenue collection and spending transparency.

However, Yakani emphasized that while the signing of these reforms is a positive step, political commitment is crucial for their success.

“These reforms will be meaningless if there's no political acceptance, political will, political commitment starting from the top leadership of the country and their subordinates who feel that they are powerful and powered by the top political leadership of the country. We cannot succeed in improving our finance, economic and revenue sector reforms if the top leadership of the country does not commit themselves to enforce those reforms,” Yakani stated.

He added, calling on the president to support anti-corruption bodies like the National Audit Chamber and the Anti-Corruption Commission, which have long been underfunded and politically paralyzed.

The Public Procurement and Disposal of Assets Regulations, 2024, was passed by the Transitional National Legislative Assembly (TNLA) in August 2024 to address malpractices and corruption in government asset management.