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No success here: Sudanese seccession leaves behind shattered economy

the international community, IMF and all these people ... Sudan and the South were banking on the feeling ... to Khartoum.” The civil war raging in South  Sudan  has cost the lives of thousands ... struggling since South Sudan separated in 2011. Upon separating from Sudan, South Sudan took three quarters ...

21/05/2014 - 05:00 - comment 0

North Sudan launches new currency into economically troubled waters

the transitional process. Previously, Elijah Malok Aleng, head of the Central Bank of South Sudan (CBSS), said ... The Central Bank of Sudan (CBS) launched the new Sudanese Pound throughout North Sudan on Sunday. The Central Bank of Sudan ...

25/07/2011 - 08:53 - comment 0

Could South Sudan be the next IMF casualty?

With South Sudan now eligible to sign up to the IMF ... has included South Sudan in a list of 72 low-income countries now eligible for concessional lending. IMF’s decision to include South Sudan was taken on 9 August after the latter became the 188th member in April. ...

29/08/2012 - 09:38 - comment 0

South Sudan urged to move away from mono-product economy

independence. South Sudan has applied for membership of the World Bank Group, which is working closely ... South Sudan urgently needs a diversification strategy ... for World Bank in Sudan during a Press briefing on Monday. He stated that the World Bank board ...

17/07/2011 - 08:01 - comment 0

Inflation fear hits South Sudan ahead of new currency circulation

its value and the special features on the notes. South Sudan’s central bank, its head said, ... . With the Central Bank Act still before South Sudan Legislative Assembly (SSLA), Malok urged the population ... As South Sudan introduces its new currency, the head ...

14/07/2011 - 09:48 - comment 1

Here comes the shocking stupidity again: The "shock therapy" experiment imposed on South Sudan

For the starters, Central Bank of South Sudan issued a circular entitled “Exchange Rate Reforms” on 11 November 2013 ... of South Sudan issued a circular entitled “Exchange Rate Reforms” on 11 November 2013 to devalue its ... change bearing in mind that South Sudan is, generally speaking, an importing economy. Second, ...

25/11/2013 - 05:01 - comment 0

Not a big enough budget: Development projects underfunded in South Sudan

Bank for South Sudan health repaid results; $21 million World Bank for safety net and skills ... and $150 million China Exim Bank loan for Juba Airport. As of this July, South Sudan's debt position ... A large portion of South Sudan's annual budget ...

26/08/2014 - 11:59 - comment 0

Dubai firm oils up in South Sudan

with the Republic of South Sudan , through a first of its kind strategic development fund.The fund has been ... in partnership with / and active support of the Republic of South Sudan and the Abyei Administrative Area, said ... iron ore, Nickel and Gold). South Sudan is rich in several natural resources.Emirates Capital said ...

19/03/2013 - 09:50 - comment 0

Sudan currency falls to record low

bank rate is around 4.4. The pound has more than halved in value since South Sudan became ... the dollar on the black market since South Sudan started reducing cross-border oil flows in a row over ... to a record low against the dollar on the black market since South Sudan started reducing cross-border oil ...

25/07/2013 - 17:01 - comment 0

Sudan currency falls to record low

bank rate is around 4.4. The pound has more than halved in value since South Sudan became ... the dollar on the black market since South Sudan started reducing cross-border oil flows in a row over ... to a record low against the dollar on the black market since South Sudan started reducing cross-border oil ...

25/07/2013 - 15:01 - comment 0