Southern Sudan Budget 2008 proposed a significant rise in revenue level through collection of Personal Income Tax, Value Added Tax and Custom Duties and Immigration Fees. The Budget also aimed at generating a General Reserve Fund and concentrated on improving the infrastructural facilities.
Southern Sudan Budget 2008 was passed on 20th December, 2007. The budget was so strong and so beneficial for the citizens of Southern Sudan, that the lawmakers of Southern Sudan Assembly, declared it as a Christmas Gift. According to these lawmakers, this 2008 budget was the best one among the budgets of past three years.
The salient features of Southern Sudan Budget 2008 are the following:
This Southern Sudan Budget 2008 aimed at increasing revenues to the level of 3,487,864,076 Sudanese Pounds. The government planned to generate this level of revenue through collection of Personal Income Tax, Value Added Tax, Custom Duties and Immigration Fees.
In the Budget 2008, the Government of Southern Sudan proposed to generate a General Reserve Fund.
The Budget informed that the funds that were allocated for meeting Capital Expenditure of 2007, but were not spent, would be used in 2008 for fulfilling contractual commitments.
The Southern Sudan Budget 2008 allocated $30 million for maintenance of Awiel Meiram Road. It can be mentioned here, that in the Southern Sudan Budget of 2007, also $48 million were allocated for the same road.
Budget 2008 of Southern Sudan mentioned the names of the Ministries, which over spent the approved budget of 2007, as well as the names of the Ministries, which under spent their approved budget of 2007.
It can be mentioned here, that some of the Ministries that over spent their approved budget of fiscal year 2007, were the Ministry of Finance and Economic Planning, the Ministry of Environment, Wildlife Conservation and Tourism, Ministry of Presidential Affairs and Ministry of Cabinet Affairs. On the other hand, some of the important Ministries that under spent their approved budget, were the Ministry of Telecommunication and Postal Services, Ministry of Agriculture and Forestry, Ministry of Industry and Mining and Ministry of Parliamentary Affairs.
But, this Southern Sudan Budget 2008 was criticized for some reasons. Lawmakers of Southern Sudan Assembly said that, in the budget 2008, no fund allocation was made for promotion of sports and cultural activities.