SOUTH SUDAN / NEW CURRENCY

The Central Bank of South Sudan on Monday launched the South Sudan Pound at an event which was attended by the South Sudan President Salva Kiir. UNMISS

• Categories: News & Features / News Stories / Unifeed
• Video Length: 00:02:44
• Production Date: 18 July 2011
• Asset Language: Original
• Corporate Name: UNITED NATIONS MISSION IN SOUTH SUDAN – UNMISS
• Subject Topical: ECONOMIC DEVELOPMENT; FINANCING; ECONOMICS; ECONOMIC CONDITIONS
• Geographic Subject: SOUTH SUDAN
• MAMS Id: U110718c

Description

STORY: SOUTH SUDAN / NEW CURRENCY
TRT: 2:44
SOURCE: UNMISS
RESTRICTIONS: NONE
LANGUAGE: ENGLISH / NATS

DATELINE: 18 JULY 2011, JUBA SOUTH SUDAN

Shotlist

1. Wide shot, exterior of Central Bank of South Sudan
2. Wide shot, banner reading ‘launching of new currency South Sudan Pound’
3. Various shots, guests seating at even to launch new south Sudan Pound
4. SOUNDBITE (English) Elijah Malok, Incoming Governor, Central Bank of South Sudan:
“Those of you who have been concerned have no reason to worry. You have no reason to be afraid. Your money has been sanctioned by the government of the Republic of South Sudan as the official tender of the Republic. Therefore you can use it. You can go to the market and buy a cup of chai (tea). You can go to the cattle camp and buy a bottle of milk.”
5. Med shot, President of South Sudan Salva Kiir
6. Cutaway, guests listening
7. SOUNDBITE (English) Salva Kiir, President, South Sudan:
“Now that we have the Central Bank of our own, I want to sincerely advise all of you, those who have money outside the country you bring your money back to this bank.”
8. Various shots, banking hall people lining up to exchange money
9. Med shot, old currency being counted
10. Med shot, old notes being exchange for new pound by teller
11. SOUNDBITE (English) Daniel Aketch, Staff, Central Bank of South Sudan:
“I am now really very happy. I know everything has come to full stop. This is the stop we were waiting for. The independence was hosted on the 9th of July but today, on the 18th after ten days of Independence now we have launched the currency which is the strength of the economy of this country, which is the development of this country, which is the power of this country so we are very proud that we have today our currency and it will be a very important currency among the currencies which are circulating in the world.”
12. Various shots, people dancing to celebrate new currency

Storyline

The Central Bank of South Sudan on Monday (18 July) launched the South Sudan Pound at an event which was attended by the South Sudan President Salva Kiir.

At the event, it was announced that the newest currency in the world will be distributed throughout banks in South Sudan in both urban and rural areas.

South Sudan declared its Independence on 9 July and as part of its move towards statehood, a new currency has been introduced into the country.

SOUNDBITE (English) Elijah Malok, incoming Governor, Central Bank of South Sudan
“Those of you who have been concerned have no reason to worry. You have no reason to be afraid. Your money has been sanctioned by the government of the Republic of South Sudan as the official tender of the Republic. Therefore you can use it. You can go to the market and buy a cup of chai (tea). You can go to the cattle camp and buy a bottle of milk.”

At the event, President Kiir urged South Sudanese to bring their money back home.

SOUNDBITE (English) Salva Kiir, President, South Sudan:
“Now that we have the Central Bank of our own, I want to sincerely advise all of you, those who have money outside the country you bring your money back to this bank.”

After the launch at the Central Bank grounds, which also saw the President symbolically exchange some of his notes, hundreds of customers thronged various banks to exchange their old notes for new money.

SOUNDBITE (English) Daniel Aketch, Staff, Central Bank of South Sudan:
“I am now really very happy. I know everything has come to full stop. This is the stop we were waiting for. The independence was hosted on the 9th of July but today, on the 18th after ten days of Independence now we have launched the currency which is the strength of the economy of this country, which is the development of this country, which is the power of this country so we are very proud that we have today our currency and it will be a very important currency among the currencies which are circulating in the world.”

The new South Sudan pound in circulation has a portrait of the late John Garang on it and has an equal value to the Sudan pound.

The notes are being printed in a foreign country and will continue arriving on cargo planes.