Updated DRC Economic Recovery Sector Profile 2024
Throughout the nation’s period of independence, South Sudan's economy has been grappling with instability, fragility, and stagnation, which is particularly concerning considering the nation's heavy dependence on agriculture, fishing, and pastoralism as its primary sources of income. The production of these sectors has been disrupted by climatic shocks, such as floods and prolonged droughts, resulting in significant losses in productive assets. Furthermore, ongoing conflicts and security issues have compounded the economic challenges faced by the country. The macroeconomic conditions have worsened due to a depreciating currency and high inflation, particularly affecting food prices. These shocks have created economic volatility, making it difficult to plan for the future and attract investments.
