South Sudan will only be able to pump oil at about 70 per cent of its former capacity when it finally resumes crude production after shutting down all its wells nearly eight months ago, the finance minister said on Tuesday.
The newly-independent (...)
South Sudan's finance ministry presented a 2012/13 budget that aims to slash state spending, boost tax revenues and raise loans to make up for the loss of almost all state revenues with the country's shutdown of oil production in January.
The (...)
The Republic of South Sudan on Wednesday became the newest member of the World Bank Group (WBG) when South Sudan's Minister of Finance and Economic Planning Kosti Manibe Ngai signed the Articles of Agreement and Conventions of the World Bank Group (...)