South Sudan's English Daily Newspaper
"We Dare where others fear"
By Simon Deng
The Bank of South Sudan (BOSS) is implementing the Strengthening South Sudan’s Financial Sector (3SF) project to help achieve financial stability, transform the banking sector, and drive private sector growth across the country.
“The objective of the project is to strengthen the institutional and supervisory capacity of the central bank and improve the efficiency of core financial sector infrastructure,” said the Bank in a synopsis of the 3SF project.
“Project implementation is mainstreamed within a project implementation unit housed within BOSS, which is responsible for overall implementation, fiduciary compliance, and environmental and social commitment plan compliance for the project,” it said.
The Strengthening South Sudan’s Financial Sector (3SF) project, undertaken by the Central Bank, is being implemented with a grant from the International Development Association of the World Bank.
The Bank stated that the project has so far achieved a number of commendable milestones, which include improvements in BOSS’s supervision and monitoring of commercial banks, enhancing compliance.
“The project is also premised on the notion that a strengthened central bank is crucial for developing a comprehensive approach to addressing financial sector challenges and transforming banking sector growth,” it revealed.
A World Bank Implementation Support Mission team visited and reviewed the implementation and progress of the Strengthening South Sudan’s Financial Sector project from September 15 to September 19, 2025.
The 3SF project, supported by an 18 million United States dollar grant from the International Development Association of the World Bank, commenced on December 1, 2023, and is expected to run until September 27, 2028.
