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IMF Approves $114.8 Million for S.Sudan in Emergency Financing


The International Monetary Fund (IMF) has agreed to provide emergency financing support worth about $114.8 million to South Sudan, where millions face food insecurity.

Thu 02 Mar 2023 | 09:37 AM
IMF approves $114.8 million for S.Sudan in emergency financing
IMF approves $114.8 million for S.Sudan in emergency financing
By Amir Haggag

The International Monetary Fund (IMF) has agreed to provide emergency financing support worth about $114.8 million to South Sudan, where millions face food insecurity.

“This emergency financing under the Food Shock Window will help South Sudan address food insecurity while maintaining social and growth-enhancing spending," the IMF said in a statement.

The International Monetary Fund said that 4 years of severe floods, in addition to the war in Ukraine and the Corona pandemic, exacerbated the already dire humanitarian situation, as about 8.3 million people, or two-thirds of the population, face severe food insecurity.