This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between South Sudan and the IMF. Additional information can be found on South Sudan and IMF country page, including official IMF reports and Executive Board documents in English that deal with South Sudan.

South Sudan and the IMF

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At a Glance

  • Current IMF membership: 191 countries
  • South Sudan joined the Fund in April 18, 2012.
  • Total Quotas: SDR 246.00 Million
  • Outstanding Purchases and Loans: None
  • Article IV/Country Report: June 10, 2024 (IMF Country Report No. 24/160)

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South Sudan and the IMF

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Regional Economic Outlook: Sub-Saharan Africa

October 25, 2024

Regional Economic Outlook: Sub-Saharan Africa: Reforms amid Great Expectations, October 2024

Reforms amid Great Expectations

Sub-Saharan African countries are implementing difficult and much needed reforms to restore macroeconomic stability, and while overall imbalances have started to narrow, the picture is varied. Policymakers face three main hurdles. First, regional growth, at a projected 3.6 percent in 2024, is generally subdued and uneven, although it is expected to recover modestly next year to 4.2 percent. Second, financing conditions continue to be tight. Third, the complex interplay of poverty, scarce opportunities, and weak governance--compounded by a higher cost of living and short-term hardships linked to macroeconomic adjustment--are fueling social frustration. Within this environment, policymakers face a difficult balancing act in striving for macroeconomic stability while also working to address development needs and ensure that reforms are socially and politically acceptable. Protecting the most vulnerable from the costs of adjustment and realizing reforms that create sufficient jobs will be critical to mobilize public support.
Read the Report

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Departmental Papers on Africa

Africa Departmental Papers Cover The Departmental African Paper Series covers research on sub-Saharan Africa conducted by International Monetary Fund (IMF) staff, particularly on issues of broad regional or cross-country interest. The views expressed in these papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF Management.