World Bank Denies “South Sudan economy on the verge of collapse” Story

Posted: May 8, 2012 by PaanLuel Wël Media Ltd. in Economy
Tags: , , , ,

World Bank responds to Sudan Tribune’s story


May 7, 2012 (WASHINGTON) – The World Bank on Monday issued a response to Sudan Tribune’s story published yesterday.

The World Bank has been working actively in South Sudan since 2005 to provide early assistance, given its urgent development needs. As part of our support, the Bank provides technical and economic analysis to the government, and recently provided an assessment of the economic situation as requested by the Government of South Sudan.

Your story yesterday misrepresents the nature and content of the dialogue between the World Bank and the Government and development partners. The World Bank is deeply concerned with the economic and development impact of the unresolved oil issues and how this will affect the people of both South Sudan and Sudan, particularly the most vulnerable.

The ongoing dialogue between the World Bank and South Sudan focuses on positive steps that can be taken to manage the different economic scenarios arising out of its oil dispute with Sudan.

The World Bank Group will continue to work closely with both South Sudan and Sudan to support the countries through their economic difficulties, focusing on economic resilience, protection of vulnerable people from economic hardship, as well as longer term development needs.

Given the desperate living situation being faced by people in both Sudan and South Sudan, the World Bank’s economic analysis unambiguously shows that it is in the interests of both countries to resume talks urgently and resolve their ongoing dispute over oil payments and other issues peacefully.

Lillian Foo

Communications Officer,

Africa Region

The World Bank Group

+1 (202) 458.7726

lfoo@worldbank.org

http://www.sudantribune.com/World-Bank-responds-to-Sudan,42527

Comments
  1. lual says:

    the world bank response did not deny the facts reported and qouted by Sudantribune. they just soften the impact of their report

    Like

  2. I come from may leave and i want to get booking from nyala to aweil
    my last day is date 28/5/2013
    cold you help to get booking we are two with my waif
    thank you
    issa tibin my number is 0113085258 even if it is not free i will be able to pay

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s