SOUTH SUDANESE ECONOMY

WAY TO INDEPENDENCE

• In 1955 and 1983 a civil war began between North and South Sudan, this was because the South accused the North of trying to impose an Islamic and Arabic identity instead of a federal system.
• The civil war of 1955 ended in 1972, but the 1983 one concluded with Sudan recognizing South Sudan not as a country iteself, but as an independent region with an own government in 2005

SOUTH SUDAN INDEPENDENT

• South Sudan had the 75% of the country's oil reserves, but Sudan had the refineries and the pipeline to the Red Sea
• South Sudan, as part of an agreement, received halb of the nation's formal oil, but that just expired when they reached their independence as a sobereign country in 2011

SOUTH SUDAN INDEPENDENT

• South Sudan had the 75% of the country's oil reserves, but Sudan had the refineries and the pipeline to the Red Sea
• South Sudan, as part of an agreement, received halb of the nation's formal oil, but that just expired when they reached their independence as a sobereign country in 2011

ECONOMICAL CRISIS

• In 2012 the South Sudanese government shut down the oil production due to the row with the northen part of Sudan and to the fact they did not have the resources Sudan had to exploit the oil (refineries)
• The shutdown lasted for 9 months and during that time, there were great austerity measures, public expenditure was reduced to the halb it was, a massive devaluation of the SSP, a rise in inflation and a depletion of South Sudan's reserves

ECONOMICAL CRISIS

WAY OUT TO THE ECONOMICAL CRISIS

• It was not until March 2013 that South Sudan reached a deal with the North to continue pumping oil in order for both economies to grow
• South Sudan did survive the shutdown, but at a cost. They used most of their reserves and borrowed money at very expensive commercial terms

WAY OUT TO THE ECONOMICAL CRISIS

• It was not until March 2013 that South Sudan reached a deal with the North to continue pumping oil in order for both economies to grow
• South Sudan did survive the shutdown, but at a cost. They used most of their reserves and borrowed money at very expensive commercial terms

WHY DID SOUTH SUDANESE ECONOMY CONTINUES BEING STUCKED

• Debts: From 2012 to 2013, their economy didn't grow, not even after have restored relations with Sudan, because all that time they were just paying what they'd previously borrowed
• Corruption: Money is not equally distributed, politicians and army are mainly benefited
• Recent civil war in 2013

WHY DID SOUTH SUDANESE ECONOMY CONTINUES BEING STUCKED

• Debts: From 2012 to 2013, their economy didn't grow, not even after have restored relations with Sudan, because all that time they were just paying what they'd previously borrowed
• Corruption: Money is not equally distributed, politicians and army are mainly benefited
• Recent civil war in 2013

NEW CIVIL WAR 2013

• A new civil war that broke out in December 2013, has contributed to the economy's fall. Oilfields all along South Sudan have been threatened by rebels and the oil production right now is even worse than when they had just independenced

NEW CIVIL WAR 2013

• A new civil war that broke out in December 2013, has contributed to the economy's fall. Oilfields all along South Sudan have been threatened by rebels and the oil production right now is even worse than when they had just independenced