1823: Replacement of the Central Bank Governor will not bring significant change – Economist

<div>The world over, modern economies demand an effective participation of the banking system which is fully supervised by the country’s central bank. This institution is mandated to carry out a nation's monetary policy and control its money supply, often with a view to maintaining low inflation and steady Gross Domestic Product GDP growth.<br> <br> </div> <div>This week, South Sudan’s Central Bank experienced some changes in its leadership structure when President Salva Kiir dismissed Dier Tong Ngor, the Bank Governor. <br> <br> </div> <div>Ngor had only been in office for one year before being fired this week. <br> <br> </div> <div>Miraya’s Morning Breakfast Show featured Morris Madut, Head of Economics Department at the University of Juba who weighed in on the matter. <br> <br> </div> <div>Take a listen.<br> <br> </div>