Development – 2022
2022
No further information is available specific to development. The pressing development challenge in South Sudan is public finance management. Therefore, the agreement includes reforms specific to the public and finance sectors. No significant progress was reported in terms of establishing the Economic and Financial Management Authority (EFMA), the restructuring of the National Petroleum and Gas Commission, and the Nile Petroleum Corporation. Among different enterprise development funds, the Youth Enterprise Development Fund bill was established.[1]
It was reported that the African Development Bank approved the Youth Enterprise Development and Capacity Building Project that sought to increase the employability of South Sudanese youth between the ages of 18 and 35 by strengthening the private sector, building entrepreneurship skills, and improving enabling environments. The Ministry of Finance and Economic Planning is currently implementing this project.[2]
[1] RJMEC report 014/2022; 015/2022; 016/2022; 017/2023.
[2] “South Sudan – Youth Enterprise Development and Capacity Building Project,” https://projectsportal.afdb.org/dataportal/VProject/show/P-SS-I00-008