South Sudan's English Daily Newspaper
"We Dare where others fear"
The prevailing economic hardship is due to failure to produce or export anything outside the country.
The overreliance on oil to finance the annual fiscal budget has exposed the fragility of the economy following the oil shutdown.
The ongoing war in Sudan has affected oil flow which h is a major source of hard currency for South Sudan.
Despite the country being blessed with vast under- utilized land for cultivation, minerals such as gold and many others, South Sudan remains a country that cannot produce enough food to feed it’s 12.4 million people.
The central bank governor in his Easter message to the country said that now is the moment for South Sudanese to produce more food and other valuable things they can sell outside to earn hard currency.
The time for rely on government handouts is over, people must sweat to earn a living.
Overreliance on oil often causes the “Dutch disease” which leaves oil dependent economies in worse economic crises characterized by high inflation and economic instability.
The government needs to sensitize citizens to work in productive sectors such as agriculture. The country has unexploited potential in Gum Arabic, fruit and vegetables and livestock sector where citizens can earn millions in the hides and skin industry.
