South Sudan borrowed $600 million from China to pay public servants salary over the six months to come, South Sudan News Agency informed.
A few months ago, let’s recall, several South Sudanese MPs decided to boycott the 2019-2020 budget presentation ceremony, saying they will not do so until all salary arrears are paid.
Despite its large oil reserves, South Sudan, which has been independent since 2011, is struggling to pay its officials; a situation that fuels social discontent. Observers accuse the state of using a large part of its income to finance the civil war that has been tearing the country apart since 2013.
In a report published last year, The Sentry group exposed pervasive risks and political control in the banking sector of South Sudan, which further undermined the country’s economy during years of war. The report found that more than $80 million has been paid to military officials and government bodies for services such as military transport and logistics.
The civil war in South Sudan has killed about 400,000 and millions were forced to flee. After many peace treaties not respected, the two main protagonists in the conflict, President Salva Kiir (pictured) and his rival Riek Machar, agreed to form a government of national unity by mid-November in order to bring the country out of the crisis.
Moutiou Adjibi Nourou
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...
Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...
Coca-Cola unit trains 260+ SMEs in Namibia business skills Program targets women, youth, disabled...
Driven by above-average growth and rapidly expanding demographics, Francophone Africa is emerging as...
FAO urges countries not to restrict fertilizer and energy exports War-linked disruptions threaten global supply and drive prices higher Food security...
Parliament approves loans for second phase of electricity reform program Project aims to improve access and strengthen national energy system Severe...
South Africa excluded from 2026 G20 under U.S. presidency Diplomatic tensions with Washington deepen after public disputes Absence risks...
AfDB approves $200 million loan to expand Nigeria’s fiber network Project aims to extend coverage nationwide and boost broadband...
MASA 2026 gathers artists and industry professionals from over 28 countries in Abidjan. The event features 99 performances across market and...
French lawmakers approve colonial-era restitution framework unanimously Law enables returns by decree, replacing case-by-case...