SOUTH SUDAN: AFTER WAR, DISPUTES OVER OIL LEAD TO ECONOMIC CRISISCharlton Doki
This unrest is occurring against a backdrop of a deepening economic crisis. Haysom noted,“The price of an average food basket has surged by 200 percent, inflation is at 107 percent, and nearly ten months of government salaries remain unpaid.” Additionally, the South Sudanese government has...
KHARTOUM, March 24 (Xinhua) -- The United Nations (UN) has warned of a deepening food crisis in Sudan as result of the African country's economic downturn, displacement and devastated harvests. "The combined effects of conflict, economic crisis, and poor harvests are significantly affecting peop...
Arik said the move is aimed at reducing the costs of running diplomatic missions amid the ongoing economic crisis in the conflict-torn east African country. According to the World Bank, South Sudan is the most oil-dependent nation in the world, with oil accounting for around 60 percent of it...
South Sudan, March 13, 2025-The 7thEdition of South Sudan Economic Monitor (SSEM) titled ‘A Pathway to Overcome the Crisis’ released today by the World Bank assessed that South Sudan`s economy is projected to contract by 30 percent in FY24/25, but is projected to rebou...
Secretary for External Relations at the Labour Union said the government failed to fully implement its promise as only civil servants working for the central government got the salary hike while those in the local governments and private sector still remain unchanged despite worsening economic crisis....
Sudan's annual economic growth averaged over six percent during the decade to 2008, but it has since declined, with the crisis only grown since the secession of the south. The economy grew 3.2 percent in 2017, according to the IMF.
Debt Crisis Greece $349b Ireland $265b Italy $2,318b Portugal $253b Spain $1,601b All Countries with 2008 gdp bil usd Islamic Republ $10b Belgium $509b Cape Verde $2b Djibouti $b Georgia $13b Indonesia $511b Kyrgyz Republi $5b Malta $9b Niger $5b Rwanda $5b St. Kitts and...
He also expressed Sudan's concern over the continued crisis in South Sudan, calling for cooperation among African countries to end the suffering of the South Sudanese people. For his part, William Ruto expressed Kenya's commitment to achieving peace and stability in the Horn of Africa region. ...
South Sudan's transitional unity government, formed in April, has been embroiled in serious financial crisis as salaries for civil servants continue to be delayed amid recent escalation in violence across the country. Dau said the government must urgently draft the 2016/2017 fiscal budget to allow...