ECONOMICS IN SOUTH SUDAN
Recently, the South Sudanese currency has collapsed causing money-printing and economic issues. One of the main issues being that more than 90 percent of their income comes from oil so when a civil war broke out a couple years ago, the economy suffered a immense shortfall. This has lead to salaries meaning little to nothing and a huge increase in price for imported food contributing to the famine already present. Conflict within South Sudan has halted all hope of trying to fix this issue which has lead to the government overspending with no source of revenue. So in order to fight inflation, South Sudan has raised prices on work permits for foreign aid workers making for a hopeful future.
Similar to the information we learned in class about South Sudan, this article touches on the difficulties they are facing but how are they trying to overcome these problems with creating solutions like taxing foreign workers. Although this might not seem ideal for foreigners, it might just be beneficial for South Sudan.