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South Sudan Economic Monitor, February 2022: Towards a Jobs Agenda

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dc.contributor.authorWorld Bank
dc.date.accessioned2022-02-16T14:12:52Z
dc.date.available2022-02-16T14:12:52Z
dc.date.issued2022-02-16
dc.description.abstractSouth Sudan faced significant headwinds in FY2020/21, with the pandemic, floods, and violence flareups affecting economic activities. Consequently, the economy is estimated to have contracted by 5.4 percent in FY2020/21. Oil production declined by 5.9 percent as floods affected production and the COVID-19 pandemic delayed new investments to replace exhausted wells. In the agriculture sector, flooding precipitated estimated losses of 38,000 tons of cereals (4.3% of 2020 production) and 800,000 livestock according to FAO estimates. The overall cereal deficit was projected to reach 465,610 metric tons in 2021, equivalent to about 35 percent of the overall food requirement for the year, sustaining high levels of food insecurity. Living conditions continue to be impacted by violence, displacement, and inadequate access to basic services. With improving macroeconomic conditions supported by an ongoing macro-fiscal reform program, a modest growth rebound of 1.2 percent is projected in FY2021/22. Nevertheless, poverty levels are expected to remain exceptionally high. As the economy recovers from multiple shocks, a focus on policy options to stimulate the creation of a sufficient number of quality jobs to absorb a young and expanding labor force should take center stage. Economies that create jobs, particularly for the youth, are generally more stable and can elevate public confidence in the Government’s capacity to deliver. In South Sudan, an effective jobs support program would invest in immediate livelihood support, the recovery of modest business activities, and the revival of markets.en
dc.identifierhttp://documents.worldbank.org/curated/en/099650002152233681/P1737580e2efa4025093600b8be2b53aa10
dc.identifier.doi10.1596/36994
dc.identifier.urihttps://hdl.handle.net/10986/36994
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectECONOMIC GROWTH
dc.subjectLIVING STANDARDS
dc.subjectACCESS TO SERVICES
dc.subjectEXCHANGE RATE
dc.subjectINFLATION
dc.subjectFISCAL TRENDS
dc.subjectTRADE
dc.subjectFINANCIAL SECTOR
dc.subjectECONOMIC OUTLOOK
dc.subjectRISKS
dc.subjectCONFLICT
dc.subjectDISPLACEMENT
dc.subjectPEACEBUILDING
dc.subjectRECOVERY
dc.subjectJOB CREATION
dc.subjectEMPLOYMENT
dc.titleSouth Sudan Economic Monitor, February 2022en
dc.title.subtitleTowards a Jobs Agendaen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleSouth Sudan Economic Monitor, February 2022
okr.date.disclosure2022-02-15
okr.date.doiregistration2025-05-07T12:02:20.894240Z
okr.date.lastmodified2022-02-15T00:00:00Zen
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.docurlhttp://documents.worldbank.org/curated/en/099650002152233681/P1737580e2efa4025093600b8be2b53aa10
okr.guid099650002152233681
okr.identifier.externaldocumentum33731599
okr.identifier.internaldocumentum33731599
okr.identifier.report168727
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099650002152233681/pdf/P1737580e2efa4025093600b8be2b53aa10.pdfen
okr.region.administrativeAfrica
okr.region.administrativeAfrica Eastern and Southern (AFE)
okr.region.countrySouth Sudan
okr.topicConflict and Development::Conflict and Fragile States
okr.topicMacroeconomics and Economic Growth::Business Cycles and Stabilization Policies
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Fiscal & Monetary Policy
okr.topicPoverty Reduction::Access of Poor to Social Services
okr.topicPoverty Reduction::Living Standards
okr.topicSocial Protections and Labor::Employment and Unemployment
okr.unitEFI-AFR1-MTI-MacroFiscal-2 (EAEM2)
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