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Multinational – East African Community Payment and Settlement Systems Integration Project (EAC-PSSIP) - Project Appraisal Report
The primary objective of the project is to modernize the payment systems in South Sudan in order to enhance the performance of their financial systems and promote regional integration. In this regard, the project will assist the South Sudan to develop and harmonize the payment systems with other in the five member countries of EAC community, thereby facilitating the process leading up to the launch of a monetary union in the Zone and stimulate increased economic and trade relations in the region. The improvement of the payment systems in South Sudan would also meet important national objectives. For South Sudan, the development of RTGS and the other components of the project will improve the efficiency of financial intermediation, enhance the management of systemic risks, and improve liquidity management, monetary policy implementation, and the general deepening of their financial sector.