Cash Working Group Meeting 11 November 2020 Agenda  Update on Exchange Rate Trends & Currency Depreciation and Position of BSS: an open discussion with Bankers Association  SCOPE as Common Cash Platform, Beneficiary Identity and Agenda Transfer Management  Presentation from Plan International on CVA  Update on Capacity Building Initiative  AOB Engagement  Feedback on Engaging with Private sector with Private  And role of CWG as Advisory committee to ICCG. sector in CWG • Abolition of the Special Accounts • Public Financial Management (PFM) reforms to increase efficiencies in the managem ent of public finances • New leadership of the National Revenue authority, to enhance the mobilization of n on-oil revenue Recent and • Initiating a process of economic diversification to identify areas where quick progress can be made, such as gold and gum Arabic. ongoing • Economic Crisis Management Committee has also been established to address the measures to current economic crisis • Mr. Dier Tong Ngo has been appointed as Governor of Bank of address the • committee under the leadership of Mr. Dier Tong Ngo has taken following decisions economic . Rate raised to 15% . Increased reserve requirement ration (RRR) to 20% and Cash Reservation crisis Ration to 20% . The central bank will urgently introduce its own bills as a toll of liquidity management mechanisms . The Bank will setup a supervisory role by continuously monitoring the cash-in vault of commercial banks • HCT included the issue of exchange rate as one of the Agenda point. • South Sudan Bankers Association has released a statement on use of indicative rate.

SSBA Background

 SSBA WAS Establishment in 2010 composed of both National and Foreign Banks license with by Bank of South Sudan (BOSS). It Core purpose is to enhance Banking & Financial Services in the country

Vision To establish a vibrant and diversified modern banking industry in collaboration with economic development partners in enhancing financial services delivery to the public, private investors and the communities of South Sudan

Mission To seek South Sudan bankers’ relations, negotiate mutual interest, share knowledge and promote innovative banking amongst stakeholders

Our Structure  General Assembly  Governing Council  Board of Trustees  Specialized Committees  SSBA Office Core values of SSBA

Professionalism • Sound Banking & Financial Services

• creating, innovating and Stewardship preserving resources

• Business governed and guided Integrity by laws and Ethics

Neutrality • Fair service for all

• Social Accountability in Humanity business Objectives of SSBA:-

 Advocate on behalf of the banking industry, and championing sound financial sector development in South Sudan  While working with BSS, develop and harmonize professional business ethics, compliance and code of conducts of banking sector  Participate in the development transaction settlements modalities.  Provide trainings to its members and other stakeholders on sound financial and ethics banking.  Undertaken research on emerging economic and financial issues.  Promote the relationship with Bank of South Sudan. Its membership and the regional and International bankers associations Banks.

8 List SSBA Members

 Ethiopia Commercial Bank  South Sudan Com Bank  Kush Bank  Eco-Bank  Alpha Bank  International Com Bank  Kenya Com Bank  Opportunity Bank   Orbit Bank  Liberty Com Bank  Regent Bank  Equity Bank  People Bank  Buffalo Com Bank  Phoenix Bank  Coop Bank  Royal Express Bank  Nile Com Bank  Qatar National Bank  Agricultural Bank  Afriland Bank  CFC Stanbic Bank  Ebony Com Bank  Africa National Bank  Eden Com Bank  National Credit Bank  St. Theresa Com Bank  Mt Trade Bank  Charter (1) Bank

9 SCOPE as Common Cash Platform, Beneficiary Identity and Transfer Management CWG Partner Logo

Plan International South Sudan MPC: Value voucher, conditional and unconditional cash to support the most vulnerable households.

Plan International South Sudan starts MPCA 2018-2020 Plan International South Sudan developed the Electronic Voucher System as part of the Innovation project under SSJR Project in 2018 and has been scaled up for use in in 2020.The card, now known as the “Up2U Card” has been a major achievement in the current JR. 2018.  Food commodities voucher (Up2U card vouchers) Organization’s  2019 brief history on  Multipurpose cash assistance-MPCA  Conditional cash transfer (CFW) CVA in south  Unconditional cash transfer to most vulnerable households  Value voucher to meet basic food needs of vulnerable households Sudan  2020  Multipurpose cash assistance MPCA  Conditional cash transfer (CFW)  Unconditional cash transfer  Value voucher  FSL  Multipurpose cash (MPC)

Sector Coverage Modality Beneficiaries / Transfer States Counties HH Value

Unconditional 150 7,335 SSP Upper Nile Malakal Town Cash and POC Assistance Value Voucher 500 7,335 SSP Upper Nile Malakal Town Modalities Assistance and POC used by Conditional 250 7,335 SSP Upper Nile Malakal Tow Cash for Work and POC organization Assistance Financial  KCB Service  Equity Bank Provider and  Cooperative Bank delivery Delivery Mechanisms is through money transfer Agent . mechanisms used by organization Success of Electronic Voucher System developed by Plan known as Up2U system:  Encourages active participation by communities to identify cash for work activities.  Improve the rehabilitated assets which have degraded over the years due to the conflict.  CFW activities through Up2U Cards have been welcomed by both Success the communities and their leaders as the benefits are mutual, such as opening of roads leading to schools, churches and markets.  It ensures the safety and dignity of beneficiaries throughout the distribution process.  Build capacity of local vendors in Malakal Market and POC  Improve and increase local market capacity  Improve lives of the most vulnerable households through value voucher program Challenges MPCA Limited money agent to facilitate payment to beneficiaries The exchange rate and price of food Challenges commodities forced the community to demand payment in USD  Challenges in COVD-19  Beneficiaires over crowed during cash distribution, but we encourage decongestion.  Difficulty to carry out Market monitoring because of the reduced Challenges in staff numbers due to Covid-19 restrictions. COVID-19 and how did your organization cope with those challenges Questions and Answers Thanks  CaLP Certified trainings Update on  Core CVA Skills for Programme Staff Training 2 Trainings  MBP in WASH for WASH Cluster session Capacity  CVA and GBV session Building  Trainer Roster on CVA in South Sudan Initiative 140 Applicants 109 Organizations 62 Selected 47 Organizations In group Participated In group 40 18 One 22 Two Participation 7 States Government PARTICIPATION 5%

Un Agencies 23% Private Sector 2% INGOs 40%

NNGOs 30% AOB

 Next meeting agenda?  CashCap is still agree to provide the Twinning support by deploying a Coordinator who can support the sub-CWGs  CashCap has assigned the global IMO to help CWG to create the Cash Dashboard Update on  CashCap is agree to extend the current Cash Working Group Coordinator position for one more year with following objectives CashCap  Provide dedicated coordination support to CWG support  Ensure Cash and Vouchers are routinely considered, alongside other tools  Build Sufficient capacity for cash and voucher programs  Strengthen the coordination of cash and voucher programs  Ensure the quality of cash and voucher programing. Update on CWG to be  The CWG will be working with protection Cluster to set up a task part of team for returnees on CVA packages Protection task team CWG Coordinator Ali MANSOOR CashCap Advisor [email protected]

CWG Co-leads Afsar KHAN Operations Officer – ES/NFIs IOM Contact us For more info contact : [email protected] [email protected] Aikins MACBANSAH CBT Team Leader CWG Meeting Calendar: WFP South Sudan https://www.humanitarianresponse.info/en/operations/south- [email protected] sudan/cash-working-group/events

CWG South Sudan Page on humanitarian Response Website: https://www.humanitarianresponse.info/en/operations/south- sudan/cashworkinggroup Thanks