World Bank says economy to decline, poverty to standstill
South Sudan faced significant headwinds in FY2020 and FY21, with the pandemic, floods, and violence flare-ups affecting economic activities. Consequently, the economy is estimated to have contracted by 5.1 percent in FY2020/21 and poverty increased by 2.3 percentage points. Fast-forward to 2021/22 and the World Bank has projected South Sudan’s economy to contract by 0.8 […]
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