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South Sudan Sees Uptick in Economy


  • The economy of South Sudan is steadily improving due, in part, to the September 2018 peace deal, which is bolstering economic growth.
  • “Since the signing of the peace agreement at least there is improvement, there has never been major violations of the ceasefire and we are hopeful that the economy is improving and by next year's budget I think we are going to address the issue of capital (development),” Finance Minister Salvatore Garang Mabiordit said last week.
  • The country's economy is expected to see a further economic boost next year, when the 2012 Transitional Financial Arrangement – which stipulates that South Sudan must pay Sudan $562.1 million – comes to an end, with government estimating that it will be able to save about $400 million after the cessation of the agreement.



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