Category: Economics

South Sudan faces impending economic collapse

South Sudan's President Salva Kiir at a news conference in Juba. Kiir's $1 billion investment in military to crash rebellion failed Kiir bought 1000 tractors hoping to restore the collapsing economy but experts say it is just too late(Photograph: Goran Tomasevic/Reuters)

By Havard Bergo, Global Risk Insight May 03,2015(Nyamilepedia) —  Oil production has been slashed and oil revenues hurt by falling prices, depriving the government in Juba of most of the money it desperately needs. The UN warns that South Sudan’s economy is edging towards a complete collapse, as authorities begin printing money to fund state services.…

Rate this:

The Economic Realities of War Sinking In

By Aggrey Idri, April 2, 2015(Nyamilepedia) — During the December 2014 peace talks in Addis Ababa between the Government of South Sudan and the opposition, the IGAD arranged for some experts to present their views on outstanding issues between the between the two partiesin areas of economy, finance, transitional justice and reconciliation. These Experts, from…

Rate this:

SOUTH SUDAN IN DEVASTATING FAILURE

By: Lam Chuol Bangoang, March 25, 2015 (Nyamilepedia)—-Problem of plan Implementation and plan failure. the results of development planning have been generally disappointing the widespread rejection of comprehensive development planning base on poor performance has had  a number of practical outcomes, South Sudan Government had fail rather than market failure. Government policy often tended to…

Rate this: