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Vol 61 No 24

Published 3rd December 2020

South Sudan

Economy running on fumes

Tumbling oil revenues have severely dented government finances, as debts mount and donors baulk at picking up the bill

South Sudan's economy is dead on its feet. Falling oil prices have squeezed government revenues, sending hard currency reserves tumbling and inflation soaring. Political stability may now rest on the ability of leaders to maintain discipline in their ranks and confidence in each other, as the financial bargain at the heart of the 2018 peace agreement comes under pressure.

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