European Parliament Library

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

Abstract
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
Table Of Contents
Cover; CONTENTS; CONTEXT; MACROECONOMIC DEVELOPMENTS; FIGURES; 1. Oil Production and Real GDP Growth; 2. Government Expenditure in Real Terms; 3. Twelve-Month Rate of Inflation; DISCUSSIONS ON NEAR-TERM PRIORITIES; 4. Official and Parallel Market Exchange Rates; A. Peace and Political Inclusion; B. Fiscal Management; C. Exchange Rate Regime; BOXES; 1. Why Exchange Rate Reform Matters; D. Transparency and Accountability; MEDIUM TERM: FOUNDATIONS TO EXIT FRAGILITY; A. Outlook and Risks; B. Oil Revenue Management; C. Fiscal Framework: Peace, Demobilization, and Infrastructure Spending
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (70 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781498316064

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