The Bank of South Sudan (BoSS) is the central bank of the Republic of South Sudan. Established in July 2011, by an Act of Parliament (The Bank of South Sudan Act, 2011), it replaced the now defunct Bank of Southern Sudan, a former branch of the Bank of Sudan,[3] which had served as the central bank of South Sudan, during the period between February 2005 until July 2011. The bank is fully owned by the Government of South Sudan.[4]
Agreements and Memorandums
The Bank of South Sudan and Ministry of Finance and Planning have signed a Memorandum of understanding to improve liquidity and operational cash management by reducing dependency on physical cash and promoting digital transactions.[5] The document was signed by Central Bank's first deputy governor Samuel Yanga Mikaya and first undersecretary of Finance Ministry, Malual Tap Dieu.[5]