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US to host economic forum on South Sudan

An economic forum will hold next week in Washington DC, US, to give policy makers insight into how South Sudan can chart its economic future, a US State Department statement said on Tuesday.

The statement, made available to PANA in New York, said the US government would host the forum alongside the Norwegian, British and other European governments and international organisations.

It stated that the forum would offer insight into how South Sudan can diversify an economy dependent on oil revenue and to facilitate growth and development in the country.

“The South Sudan Economic Partners Forum is an opportunity for representatives of governments and international financial institutions to discuss strategies to address South Sudan’s economic challenges with South Sudanese government officials and offer support for sound government policy making,” the State Department said.

South Sudan restarted oil production last week after more than a year.

Oil sharing, border conflicts and ethnic turmoil are among the issues threatening a peace deal that secured South Sudan’s independence from Sudan in 2011

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