10 REASONS WHY DR. LUAL ACUEK MUST BE THE SAVIOR TO OUR DWINDLING ECONOMY
5 min readBy Gabriel Gai Deng Biar, Nairobi, kenya
February 2, 2015 — All of us are well educated but not all of us can put our intellect into reality to save the nation and its habitats from dwindling economy and that is why my knowledge in finance directed my though toward Dr. Lual Acuek as the savior to our dwindling economy.
I have been waiting to see changes in our little economy, since the country ceased to talk through a barrel of guns, but with negotiation which spurred both Sudans into language of pen on 9 January, 2005 inform of CPA in the Kenyan capital Nairobi. But for now most South Sudanese are counting their ten fingers an equivalent of ten years of government of South Sudan in operations, However, South Sudanese are gripping their teeth with a dwindling economy not to lack of resources to establish a healthy economy but due to a wrong choice of appointment to the country’s Central bank which most of you are familiar to it as BOSS.
For this matter, if the country’s appointing authority is willing to grow our economy, Dr. Lual Acuek must be given central bank’s governorship not just on a loose ground but on the solid ground of the following 10 reasons which back my claim as to why he must be the only savior to save our economy from collapsing;
1. Hold a PhD in development economic.
Dr. Lual Acuek holds a PhD in development economic from the University of Wisconsin USA and also became a lecturer from the same university. For most of us whom this development may be unfamiliar with, development according to business dictionary is a process of of economic and social transformation that is based on complex cultural and environmental factors and their interaction
Therefore having been in school in the western country and together with his knowledge in economic, he would be the right man to manage our currency.
2. Taught at the University of Wisconsin. While he was a lecturer, he established many useful contacts with USA’s government policy makers on matters of foreign policies, if he is given a chance to govern our central bank, he would convert those intangible contacts into tangible one for our country to the next level.
3. Dr. Acuek worked with United Nations Development Program/UNDP for combating desertification in East and Southern Africa. Combating Desertification is an act of getting rid of increase in one of deserts; therefore he can also reduce the dwindling economy into growing economy.
4. Worked with African Development bank/ADB.
ADB is an African financial institution which implement development programs funded by brutton institutions( World bank, International monetary funds and African financial corporation), if we are lucky to have a son who worked with such institution, why don’t we try him.
5. Dr. Acuek worked with world bank in Washington DC
Most of our developmental activities are funded by World Bank a sister of IMF, on condition of good monetary and fiscal policies. Dr. Acuek having served at the institution with USA as a major donor, if given a chance to serve as our new governor of central bank of South Sudan, he would shape the doubtful institution into a trusted one.
6. Dr. Acuek served as senior economic advisor to the SPLA/M during the war of struggle under the tenure of our late Dr John Garang. The SPLA/M formed a government after CPA and most of the comrades whom Dr. Acuek advised then are now the policy makers. I thought he could be right man to continue advising the government on monetary policies.
7. Dr. Acuek having been entrusted as minister of state for finance and national economy for the government of national unity/GONU before South Sudan separated from Sudan through a historic plebiscite highly recognized by international community. During his tenure , Sudan did well economically, this will be promising factor into success if Dr Acuek is appointed to head the heart of south Sudan, then we would have no more to worry about.
8. Dr. Acuek served as state minister for petroleum in the government of national unity/GONU.
Central bank is an institution trusted with recipient of oil revenues and when Dr. Acuek was minister for GONU’s petroleum all things went well as there were no diversion loopholes. South Sudan as a sovereign state with 98% of its revenues generated from oil, Dr Acuek would be right man to receive our revenues for custodian.
9. Managing Director of Ebony center
Dr Acuek has successfully managed Ebony center for strategic studies in South Sudan, a center charged with plans and actions for the improvement of capacity building and empowerment of manpower. If given a chance to head our currency institution, he would lay down strategic plans for the improvement of our currency to shine at the international markets.
10. Towering giant.
As a PhD in development economic, his capacity is widen and sharpen in policy issues, PhD holders worldwide are charged with responsibilities of carrying out research on tropical issues affecting public sectors which are used by national government to formulate policies. Dr. Acuek would used his experience in policy issues to restore our dwindling economy into growing economy.
Author holds Dip in Business mg’t & Admin, B.com (Hons) in finance & Finalist in MBA and can be reached at gabrielbiar39@gmail.com and Facebook Gai Deng
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