South Sudan Implementing the Peace Process to Address Economic Challenges

Mary Jervas Yak

The Government of South Sudan has stressed the importance of implementing the IGAD -Mediation Peace Process in order to address the numerous economic challenges the country has been facing following the conflict which erupted in December 2013.

A recent UN report has revealed that half of the country’s population now needs food assistance and some areas are on the brink of famine. The Deputy Finance Minister for South Sudan, Mary Jervas Yak, says the Government will be seeking to increase foreign investment in agriculture and in oil development if the current peace agreement is implemented. She said: “The government is doing what it can but these are just temporary efforts which cannot be considered to constitute permanent solutions to the economic challenges brought by the war.”

She added, “The only way to fix most of these problems is to implement the agreement which the Government has started to do. Political will is very important.” A few days ago, Information Minister Michael Makuei announced that the Government had approved a request for 10 million dollars by two national banks to allow for the import of basic commodities.

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Source: Government of Ethiopia

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