If you continue to navigate this website beyond this page, cookies will be placed on your browser. Sudan’s period of conflict (1955-1972 and 1983-2005) stands as one of the longest in Africa’s post-independence history.
South Sudan must focus on challenges now and set its goals on issues of infrastructure development. South Sudan holds one of the richest agricultural areas in Africa, with fertile soils and abundant water supplies. Find out what the Bank Group's branches are doing in Sudan.
Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Natural resources.
To learn more about cookies, With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries.
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While there was optimism late 2018 that talks to remove the designation are expected to begin soon, the protests that escalated in December 2018 might have hampered progress on the talks.The overriding goal of the World Bank Group (WBG) is to support the reduction of extreme poverty and improve the prospects for more shared prosperity in Sudan.
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This has reduced economic In 2013, the outbreak of civil war in South Sudan damaged both economies depriving Sudan of Following the global oil price slump in 2015/2016, Sudan and South Sudan agreed to lower oil transit fees for South Sudanese oil via Sudan’s pipeline, as it became uneconomic to export it.
South Sudan exports timber to the international market.
A serious environmental issue in the Sudan, is desertification due to over-exploitation of the soil through human activity and due to climate change.
The government of South Sudan and its people must use revenues from natural resource and invest it into the development of the new nation. Preserving the country’s natural resources is critical and could be the way to sustain the future. Updated as of 2019.
The Sudan Sustainable Natural Resources Management Project (SSNRMP) has shown that investing in natural resources assets , protecting biodiversity and wildlife habitats can deliver environmental benefits, disease regulation, as well as socio-economic outcomes -- a win-win for all. In this context, the WBG In its strategy for Sudan, the WBG continues to build a dynamic portfolio of projects, With Sudan’s current lack of access to International Development Association funding, the WBG program will continue to be resourced through trust funds, partnerships, and the Bank budget.
However, South Sudan, has many pending issues at hand regarding natural resources.
The World Bank Group works in every major area of development.
We provide a wide array of financial products and technical assistance, and we help countries share and apply innovative knowledge and solutions to the challenges they face.We face big challenges to help the world’s poorest people and ensure that everyone sees benefits from economic growth.
Nevertheless, South Sudan does have abundant natural resources.
The latest economic analysis for the region predicts the pandemic could cost as much as $79 billion in output losses for 2020. Africa’s poorest countries saw little to no progress on average in improving the quality of their policy and institutional frameworks in 2018.