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IMF Extends Emergency Funding To Struggling South Sudan

Published by Daily Independent on Fri, 02 Apr 2021


The International Monetary Fund said on Wednesday it had released $174.2 million to South Sudan under its Rapid Credit Facility to address urgent balance of payments needs, after floods and an oil price shock hurt economic performance. In 2018, South Sudan ended five years of civil war that killed an estimated 400,000 people, but President []
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