South Sudan is the youngest African country and classified as low-income, fragile country facing significant domestic and international constraints plagued by war and conflict yet seek financial solution that will encourage investment and growth. What is that Financial Solution?
2. OUTLINE
1. 0 BACKGROUND/INTRODUCTION
2.0 Challenges To Investment and Growth
3.0 Solution To Investment and Growth
4.0 Recommendation- South Sudan To Investment
and Growth
5.0 Recommendation for Flow of Capital
6.0 CONCLUSION
3. Background on South Sudan
Africa has fewer conflicts today compared to two
decades ago, there are still concerns about post-
election violence, abuse of presidential term limits,
and political oppression by authoritarian regimes.
South Sudan is Africa youngest country. Since it
gained independence, South Sudan has endured long
periods of political conflict that has resulted in the
killing of thousands of people and displaced millions.
4. Introduction on South Sudan
As a result of the conflict, South Sudan has been
classified as a low-income fragile country with
significant domestic and international constraints to
attract investments and reduce poverty in the
country.
5. Challenges To Investment and Growth
South Sudan, fragile status has resulted to famine,
increase poverty, refugee crisis, lack of infrastructure
and much more negative impact.
South Sudan is a country where more than 40% of
the population is in severe need of food. South
Sudan's civil conflict has become a thorn in the eye of
trade for the business community, subsequently, has
caused a steady decrease in Uganda's exports from $
414m in 2013, to USD$ 385m in 2014 and USD$
353m in 2015.
6. Challenges To Investment and Growth
South Sudan faces massive humanitarian and
economic challenges in the wake of prolonged
internal conflict.
According to the UN, the conflict in south sudan has
led to nearly two million internally displaced, more
than one million refugees in neighbouring countries,
and about five million food-insecure South
Sudanese.
7. Challenges To Investment and Growth
Inadequate infrastructure and high security risk to
investment and development are major obstacles to
the development of the Sudanese economy.
The conflict has made weaken the administrative
capacity of the authority, high levels of corruption
and lack of respect for the rule of law, as well as has
made poverty and illiteracy rampant.
8. Solution South Sudan To Investment and Growth
An end to the conflict is the starting point to reduce
poverty and increase investment possibilities.
Establishment of constitutional authorities, through
democratic process.
Reforming key sectors that will propel growth and
poverty reduction in South Sudan.
Initiate social economic reform for development that
would be conducive for economic growth, promote
pro-poor growth.
9. Solution South Sudan To Investment and Growth
The authorities in South Sudan should engage
international development partners to secure
support for debt relief and the lifting of sanctions,
which would pave the way for Foreign Direct
Investment(FDI) and financing for growth and
poverty reduction.
South Sudan should be committed to strengthening
relationship and cooperation with World Bank
Group and other IDA’s.
10. Solution South Sudan To Investment and Growth
South Sudan should seek WBG Trust funds and
partnerships programs to serve as a complement to
IDA and IBRD financing.
Apply for the world bank Program-for-Results
(PforR) solution which is one of three financing
instruments offered, accompanying Investment
Project Financing (IPF) and Development Policy
Financing (DPF) that is needful for South Sudan.
To address mounting macroeconomic imbalances
and instability presents the main conclusions and
policy recommendations.
11. Recommendation- South Sudan To Investment and
Growth
Apply to world bank Trust funds and grants, for
infrastructure development
Development Policy Financing (DPF) will provide
rapid-disbursing of financing to help South Sudan
address actual sustainable development through a
program of policy and institutional actions, for
example, strengthening public financial
management, improving the investment climate,
addressing structural challenges
12. Recommendation- South Sudan To Investment and
Growth
Strengthen capacity: This approach helps build
capacity within the country, enhances effectiveness
and efficiency and leads to achievement of tangible,
sustainable program results.
Seek and work closely with regional cooperation for
governance, trade, institutional development,
macroeconomics improvement
13. Recommendation for Flow of Capital
The free movement of capital across Africa, will
support trade and investment in south Sudan.
Capital flow that will promote knowledge and
technology transfer and greater innovation.
Intra-African direct investment seems limited, but
with the emergence of pan-African banks it will help
reduce poverty.
14. Conclusion- South Sudan To Investment and Growth
Decisive measures and a credible pathway towards
lasting peace are necessary to rebuild confidence
South Sudan.
By adopting international development partners
policy framework South Sudan will accelerate social
economic development of the country, policy reform,
restore confidence in the macroeconomic stability for
immediate poverty reduction and FDI. For this to be
effective, it will require simultaneous efforts to
promote reconciliation and address the security
challenges and humanitarian emergency.
15. Conclusion- South Sudan To Investment and Growth
South Sudan should approach World Bank Group for
the Trust funds and partnerships finance support
instrument because it is an important tool for fast-
changing landscape for development finance the
World Bank Group can adapt to help south Sudan.
Partnership programs are increasingly used to
“crowd-in” nongovernmental and private sector
partners and link their knowledge and financing to
the Bank Group’s capacity to deliver solutions in
fragile countries like South Sudan.
16. Conclusion- South Sudan To Investment and Growth
Finally, it is important for the current leadership
structure and warring fractions in South Sudan to
know that conflict and instability has never brought
development and advancement of a people. So
therefore, is for the good of all and the advancement
of the South Sudanese people for peace, harmony and
stability to reign in South Sudan.
Thank you