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.
At a Glance
- Current IMF membership: 190 countries
- South Sudan joined the Fund in April 18, 2012.
- Total Quotas: SDR 246.00 Million
- Outstanding Purchases and Loans: None
- Last Article IV: June 4, 2019 (Report No. 19/153)
South Sudan and the IMF
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June 10, 2024
On June 7, 2024, the Executive Board of the International Monetary Fund (IMF) concluded the 2023 Article IV consultation with the Republic of South Sudan. On May 14, 2024, IMF Management also approved the completion of the first and second reviews as well as an extension through November 15, 2024, of South Sudan’s Staff Monitored Program with Board Involvement (PMB) which was initially approved on February 16, 2023.
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June 10, 2024
Series:Country Report No. 2024/160
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IMF Executive Board reviews the Staff-Monitored Program with Board Involvement
February 20, 2024
The Executive Board of the International Monetary Fund (IMF) completed the review of the policy on Staff-Monitored Programs with Board Involvement (PMB). This instrument helps member countries to establish a track record to access an IMF-supported program.
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South Sudan: Strengthening Budget Execution
February 5, 2024
Author/Editor:Nino Tchelishvili | Amra Srdanovic | Sean R O'Grady
Series:High Level Summary Technical Assistance Report No. 2024/003 -
December 18, 2023
The South Sudanese authorities are facing multiple challenges including significant spillovers from the conflict in neighboring Sudan, protracted flooding, declining humanitarian assistance, the incorporation of newly constituted security forces into the payroll, and the need to finance elections planned for 2024.
Regional Economic Outlook: Sub-Saharan Africa
April 19, 2024
After four turbulent years, the outlook for sub-Saharan Africa is gradually improving. Growth will rise from 3.4 percent in 2023 to 3.8 percent in 2024, with nearly two thirds of countries anticipating higher growth. Economic recovery is expected to continue beyond this year, with growth projections reaching 4.0 percent in 2025. Additionally, inflation has almost halved, public debt ratios have broadly stabilized, and several countries have recently issued Eurobonds, ending a two-year hiatus from international markets. However, not all is favorable and risks to the outlook remain tilted to the downside. The funding squeeze persists as the region’s governments continue to grapple with financing shortages, high borrowing costs, and impending debt repayments. Amid the challenges, sub-Saharan African countries will need additional support from the international community to develop a more inclusive, sustainable, and prosperous future.
Read the Report
Departmental Papers on Africa
