South Sudan central bank launches strategic plan to stabilize economy

NAIROBI, June 27 (Xinhua) -- South Sudan's central bank on Tuesday launched a five-year strategic plan aimed at stabilizing food prices and establishing a sound financial system in the country.

Johnny Ohisa Damian, the governor of the Bank of South Sudan, said the strategic plan will also focus on boosting investor confidence in the economy that is reeling from high inflation caused by overreliance on imports.