On March 13, 2025, the World Bank Group launched the 7th South Sudan Economic Monitor Report, focusing on poverty and microeconomic advancements, in Senate Hall, University of Juba.
In his opening remarks, Vice Chancellor of the University of Juba, Professor Robert Mayom Deng highlighted the report’s potential to inform policies for addressing the country’s crises and promoting inclusive growth, emphasizing the need for collaboration between key stakeholders like the Ministry of Finance, the Central Bank, and the World Bank. He expressed concern over the gap between research and implementation, hoping the report’s recommendations would drive meaningful change.
Mr. Charles Undeland, Country Manager of the World Bank Group, underscored the importance of the report in light of recent disruptions, such as COVID-19 and the Ukraine conflict, stressing the need for peace and stability and optimism for economic recovery within two years. Hon. Dr. Marial Dongrin Ater, the Minister of Finance and Planning, expressed appreciation for the support and emphasized the government’s commitment to reforms, particularly in agriculture, trade, education, and infrastructure, despite challenges like displacement and floods.
Ms. Kamer Karakurum Ozdemir, Senior Economist at the World Bank, noted the worsening socio-economic conditions in South Sudan, driven by conflict, poor macroeconomic management, and global economic factors, stressing the need for stronger monetary and fiscal policies. A panel discussion moderated by Mr. Charles Undeland featured insights from Hon. Benjamin Ayali Koyongwa (Undersecretary of Planning, Ministry of Finance & Planning), Hon. John O. Kanisio (Undersecretary of Ministry of Agriculture and Food Security), and Mr. Daniel Yong (Senior Lecturer, University of Juba). The discussion focused on national growth strategies, the importance of agriculture, and the need for effective monetary policies to combat inflation and promote the private sector.
Hon. Koyongwa concluded the event by reaffirming the government’s commitment to prioritizing agriculture, diversifying away from oil revenues, and ensuring collaboration among stakeholders to shape sound economic policies. The session marked the official conclusion of the 7th South Sudan Economic Monitor Report launch.