Republic of South Sudan : 2014 Article IV Consultation—Staff Report; Staff Statement; and Press Release

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

December 17, 2014

Electronic Access:

Free Full Text (PDF file size is 1462 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2014 Article IV Consultation highlights that South Sudan’s economic performance has been mixed in recent years. Real GDP growth has displayed high volatility, the result of changes in oil and agricultural production. Inflation rose in an initial period of economic instability in 2011–12 but was contained in 2013–14 thanks to fiscal and monetary restraint and lower food prices. Serious challenges remain, including distortions in the foreign exchange market and in budget execution, lower international oil prices, and subdued oil production. As a result, financing the budget for FY2014/15 is challenging and will likely require policy decisions given the otherwise potentially adverse impact on economic stability and inflation.

Series:

Country Report No. 14/345

Subject:

English

Publication Date:

December 17, 2014

ISBN/ISSN:

9781498393621/1934-7685

Stock No:

1SSDEA2014001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

69

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