South Sudan Economic Brief : April 2019
The economy is estimated to have contracted by 3.5 percent during FY2017-2018, but a modest recovery is projected for FY2018-2019. Coupled with economic mismanagement, many years of conflict have eroded the productive capacity of South Sudan. Confl...
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| Format: | Brief |
| Language: | English |
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Washington, DC
2022
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| Online Access: | http://documents.worldbank.org/curated/en/300191560955394963/South-Sudan-Economic-Brief http://hdl.handle.net/10986/37509 |
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okr-10986-375092022-06-09T05:10:36Z South Sudan Economic Brief : April 2019 World Bank LOW PRODUCTIVITY ECONOMIC FLUCTUATION CONFLICT FOOD INSECURITY FOOD CRISIS FRAGILITY ECONOMIC GROWTH STRATEGY PEACE AND PEACE KEEPING BASIC HUMAN RIGHTS ECONOMIC GROWTH OPPORTUNITY COMMODITY EXPORTS WEATHER SHOCK MACROECONOMIC MANAGEMENT The economy is estimated to have contracted by 3.5 percent during FY2017-2018, but a modest recovery is projected for FY2018-2019. Coupled with economic mismanagement, many years of conflict have eroded the productive capacity of South Sudan. Conflict persists across the country despite the peace agreement and is the major driver of the economic collapse. Oil production is expected to be the major driver of growth in the short and medium term. South Sudan remains in debt distress and the external position is weak, with depleted reserves estimated at less than one week of import cover. If the peace agreement is respected by all parties and conflict does not recur, the economy is projected to grow by 1.8 percent during FY2018-2019. However, a less positive outlook could emerge if the peace agreement falters, with growth barely reaching 0.3 percent in the absence of progress in the non-oil sectors. 2022-06-08T19:21:53Z 2022-06-08T19:21:53Z 2019-04 Brief http://documents.worldbank.org/curated/en/300191560955394963/South-Sudan-Economic-Brief http://hdl.handle.net/10986/37509 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Brief Publications & Research Africa South Sudan |
| repository_type |
Digital Repository |
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Foreign Institution |
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Digital Repositories |
| building |
World Bank Open Knowledge Repository |
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World Bank |
| language |
English |
| topic |
LOW PRODUCTIVITY ECONOMIC FLUCTUATION CONFLICT FOOD INSECURITY FOOD CRISIS FRAGILITY ECONOMIC GROWTH STRATEGY PEACE AND PEACE KEEPING BASIC HUMAN RIGHTS ECONOMIC GROWTH OPPORTUNITY COMMODITY EXPORTS WEATHER SHOCK MACROECONOMIC MANAGEMENT |
| spellingShingle |
LOW PRODUCTIVITY ECONOMIC FLUCTUATION CONFLICT FOOD INSECURITY FOOD CRISIS FRAGILITY ECONOMIC GROWTH STRATEGY PEACE AND PEACE KEEPING BASIC HUMAN RIGHTS ECONOMIC GROWTH OPPORTUNITY COMMODITY EXPORTS WEATHER SHOCK MACROECONOMIC MANAGEMENT World Bank South Sudan Economic Brief : April 2019 |
| geographic_facet |
Africa South Sudan |
| description |
The economy is estimated to have
contracted by 3.5 percent during FY2017-2018, but a modest
recovery is projected for FY2018-2019. Coupled with economic
mismanagement, many years of conflict have eroded the
productive capacity of South Sudan. Conflict persists across
the country despite the peace agreement and is the major
driver of the economic collapse. Oil production is expected
to be the major driver of growth in the short and medium
term. South Sudan remains in debt distress and the external
position is weak, with depleted reserves estimated at less
than one week of import cover. If the peace agreement is
respected by all parties and conflict does not recur, the
economy is projected to grow by 1.8 percent during
FY2018-2019. However, a less positive outlook could emerge
if the peace agreement falters, with growth barely reaching
0.3 percent in the absence of progress in the non-oil sectors. |
| format |
Brief |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
South Sudan Economic Brief : April 2019 |
| title_short |
South Sudan Economic Brief : April 2019 |
| title_full |
South Sudan Economic Brief : April 2019 |
| title_fullStr |
South Sudan Economic Brief : April 2019 |
| title_full_unstemmed |
South Sudan Economic Brief : April 2019 |
| title_sort |
south sudan economic brief : april 2019 |
| publisher |
Washington, DC |
| publishDate |
2022 |
| url |
http://documents.worldbank.org/curated/en/300191560955394963/South-Sudan-Economic-Brief http://hdl.handle.net/10986/37509 |
| _version_ |
1764487367261945856 |