Dire and deteriorating humanitarian situation. About two-thirds of South Sudan’s population is experiencing severe food insecurity, the highest level since independence. This is a result of multiple compounding factors, including severe multi-year floods due to climate shocks, inter-communal violence in parts of the country, and the impact of Russia’s war in Ukraine that is contributing to high global food and fuel prices. Download
Entries by International Monetary Fund
Relative to the last assessment in November 2020, the baseline in this Debt Sustainability Analysis(DSA) has slightly higher oil prices and higher need for food imports due to severe flooding, whichhas destroyed food stocks and crops ahead of the main harvest season, but is otherwise broadlyunchanged. South Sudan’s debt is assessed to be sustainable with a high risk of debt distress for both externaland overall public debt.1 Specifically, there are temporary breaches in two out…
This IMF Staff Country Report, including a press release; staff report; and statement by the Executive Director for South Sudan, discusses the macroeconomic conditions and developments of South Sudan, as well as fiscal and monetary policies to respond to them. Download
Despite moderate levels of external debt, the combined impact of a civil conflict, a large fall in oil prices, and high levels of fiscal spending has left South Sudan in debt distress. This crisis has caused payment delays on international obligations, on civil servant salaries, and other government obligations. Moreover, international lines of credit have been restructured on longer maturities, international reserves have declined to near exhaustion, and the country is currently constrained from accessing…
This report includes a summary of bilateral discussions with South Sudanese officials on economic developments and policies. The discussions were conducted in a context affected by different challenges including armed conflict, fractured politics, feeble institutions and capacity, underdevelopment, corruption, and an economic crisis. The report also includes a number of recommendations. Download