Publication:
South Sudan Economic Update, July 2018

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dc.contributor.authorWorld Bank
dc.date.accessioned2018-08-23T19:34:31Z
dc.date.available2018-08-23T19:34:31Z
dc.date.issued2018-07
dc.description.abstractReal GDP is projected to further contract by 3.5 percent in FY2018, following the contraction of about 6.9 percent in FY 2017. Monetization of the fiscal deficit led to strong money growth and high inflation, although there are indications that borrowing from the Bank of South Sudan had been limited in the second half of 2017. The spread between the official and the parallel market exchange rates remains wide, despite the recent exchange rate appreciation. 82 percent of South Sudanese were living under the international poverty line in 2016. High inflation, disrupted trade flows, and conflict continue to expose many households to food insecurity and displacement. South Sudan's cabinet approved the general budget for fiscal year 2018/19, which increased by about 60 percent to reach 584 million USD up from 366 million USD in FY17/18. It remains unclear how South Sudan will finance the budget, given its struggling economy amidst the ever-rising inflation and conflict. Spending continues to be skewed toward defense at the expense of poverty reduction.en
dc.identifierhttp://documents.worldbank.org/curated/en/928961533737855697/South-Sudan-economic-update
dc.identifier.doi10.1596/30294
dc.identifier.urihttps://hdl.handle.net/10986/30294
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.subjectECONOMIC OUTLOOK
dc.subjectCIVIL WAR
dc.subjectOIL REVENUE
dc.subjectFISCAL TRENDS
dc.subjectINFLATION
dc.subjectPUBLIC DEBT
dc.subjectFISCAL POLICY
dc.subjectPOVERTY
dc.subjectDISRUPTION
dc.subjectFOOD SECURITY
dc.subjectFOOD PRICES
dc.subjectREFUGEES
dc.subjectINTERNALLY DISPLACED PERSON
dc.subjectIDPs
dc.titleSouth Sudan Economic Update, July 2018en
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleSouth Sudan Economic Update, July 2018
okr.date.disclosure2018-08-08
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/928961533737855697/South-Sudan-economic-update
okr.guid928961533737855697
okr.identifier.doi10.1596/30294
okr.identifier.externaldocumentum090224b085e7f3b3_1_0
okr.identifier.internaldocumentum30335251
okr.identifier.report129303
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/928961533737855697/pdf/129303-WP-PUBLIC-SouthSudanEconomicUpdateJuly.pdfen
okr.region.administrativeAfrica
okr.region.countrySouth Sudan
okr.topicAgriculture::Food Security
okr.topicCommunities and Human Settlements::Human Migrations & Resettlements
okr.topicConflict and Development::Armed Conflict
okr.topicConflict and Development::Conflict and Fragile States
okr.topicMacroeconomics and Economic Growth::Economic Assistance
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Fiscal & Monetary Policy
okr.topicMacroeconomics and Economic Growth::Inflation
okr.topicPoverty Reduction::Inequality
okr.topicPoverty Reduction::Services & Transfers to Poor
okr.unitAFREC - External Communications (AFREC)
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