South Sudan proposes 187 percent rise in budget JUBA (25 Aug.) South Sudan wants to nearly triple its budget in the 2016-2017 fiscal year, according to a report from the Reuters news agency.
According to the report, the government caps spending at 29.6 billion SSP for the next year, which would amount to a 187 percent rise from last years budget. South Sudan is one of the most oil dependent countries in the world, and since the fall in the price of oil, the country has struggled to pay its bills. In the past year, the country has suffered an inflation rate of 660 percent. 70 SSP are currently worth around one dollar on the black market. -- To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] Visit this group at https://groups.google.com/d/forum/southsudankob View this message at https://groups.google.com/d/msg/southsudankob/topic-id/message-id For more options, visit https://groups.google.com/d/optout --- You received this message because you are subscribed to the Google Groups "South Sudan Info - The Kob" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. Visit this group at https://groups.google.com/group/SouthSudanKob. To view this discussion on the web visit https://groups.google.com/d/msgid/SouthSudanKob/CAJb14ooZSHrNpr%2BCTcv9acu8B7u2MzRpuauSvfZ%3DaXoJ1DZLKg%40mail.gmail.com. For more options, visit https://groups.google.com/d/optout.
