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South Sudan Economy On the Verge of Collapse, World Bank Warns

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South Sudan Economy On the Verge of Collapse, World Bank Warns

Tue, 2012-05-08 23:26 — Kathy Gilbeaux

South Sudanese citizens show support for their government’s decision to shut down all oil production. (Photo Courtesy Issac Billy/UN

allafrica.com - May 6, 2012

Washington — The newly independent state of South Sudan is quickly headed towards an economic cliff in light of its decision to shut down oil production which went into effect earlier this year, says a confidential report by the World bank.

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Country / Region Tags: 
Global
General Topic Tags: 
Collapse
Economics
Security
Vulnerability
Problem, Solution, SitRep, or ?: 
Problem
Groups this Group Post belongs to: 
Sudan
South Sudan
Africa Resilience Initiative
Workflow history
Revision ID Field name Date Old state New state name By Comment Operations
No state No state
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