Remaining Engaged to Help South Sudan Transition Out of Fragility
On my first visit to South Sudan – the world’s youngest nation - I am engaging with various stakeholders including the senior leadership, key government counterparts, development partners, the private sector, civil society, researchers, and most importantly the direct beneficiaries of development projects that the Bank is financing.?On this visit, I would like to understand how this country seeks to exit from its current transitional status and escape conditions of fragility. I am also eager to see firsthand how our Country Program is supporting South Sudan to address its short-term challenges and make progress on lasting peace and longer-term development.?
The signing of the 2018 Peace Agreement and the formation of a transitional unity government in February 2020—after five years of devastating conflict—ushered in a certain measure of stability and optimism among the South Sudanese people. In line with the provisions of the Peace Agreement, the South Sudanese government has been working on laying the foundations of its future state institutions and on undertaking critical economic and public financial management (PFM) reforms. This process has registered some achievements including the harmonization of exchange rates, the creation of greater budget transparency, and the establishment of the Public Procurement and Disposal of Assets Authority (PPDA).
The World Bank’s involvement in South Sudan stretches back decades, prior to the time of independence in 2011 when the country was still part of Sudan. After it realized its dream of self-determination, South Sudan joined the World Bank as a new shareholder and the development relationship began to intensify with the establishment of a larger World Bank Country Office in the capital city of Juba. After a period of significant slowdown in Bank-financed activities due to the 2013-2018 conflict, the Bank’s current Country Program now cuts across important development sectors including governance, health, social protection, agriculture, women’s empowerment, and community resilience.
Over the past few years, the World Bank has supported the government’s efforts in achieving the following results:
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Even with these development gains, South Sudan faces a grave humanitarian emergency with around 9.4 million people—76% of the population—in need of immediate emergency support. Out of this affected population, women and children are naturally the most impacted vulnerable group. Alongside episodes of violence, South Sudan has also been buffeted by climate-related shocks that have compounded the country’s humanitarian crises and undermined development efforts.
Looking ahead, it will be critically important for South Sudan to respond to its humanitarian emergencies and to begin turning the corner on its longer-term development aspirations. Successfully navigating the challenges of graduating from transitional status (including completing its permanent constitution-making process and holding a free, fair, and credible national election),?will be critical for providing the basis for durable peace and security that will allow the country to fully exploit its immense natural assets to accelerate economic growth, create gainful employment, provide basic services to all citizens and reduce high levels of poverty.
I remain optimistic that South Sudan can still realize its development dreams and promises. The Bank remains fully committed to supporting the people of South Sudan on this journey.?
Deputy Director at the International Monetary Fund
1 年Great post from WB Vice President Victoria Kwakwa making the case for IFIs to remain engaged in conflict and crisis situations .
Economic Researcher specializing in Return on Investment Analysis and Market Analysis
1 年Great work