South Sudan: South Sudan Economy Sinks as Revenue from Oil Shrinks Due to War, Flooding
Mar 9, 2024
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Aggrey Mutambo, James Anyanzwa, and Fred Oluoch, East African
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South Sudan President Salva Kiir is facing a tough task of reversing the economic downturn that has pushed more eight million people in the country into poverty as oil production, the nation’s chief revenue earner, tumbles due to internal and external factors, including depleted wells, flooding and military conflict in neighbouring Sudan.