South Sudan pushes for share in $120 billion IDA package ...Sudan

August 6, 2024 (JUBA)- South Sudan is among African countries pushing for a replenishment of $ 120 billion from the International Development Association (IDA), presenting an opportunity to mitigate the high inflation rate exacerbated by the low availability of essential consumer goods in the local markets The Central Bank of South Sudan, in a statement released on Tuesday, commended the role of the leadership and technical support of the International Monetary Fund (IMF) and World Bank Group in sharing its mission and vision. It further said the IMF has been working to keep the system stable and the World Bank focusing on offering financial assistance to low and middle income nations. “We

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