Middle East Economic Survey

VOL. LII

No 9

2-Mar-2009

sudan

Juba Government Facing Serious Financial Difficulties As Oil Revenues Dwindle

The collapse in oil prices is starting to create serious financial difficulties for the Government of South Sudan (GoSS), which receives virtually all its income from oil revenues, with the price of the countrys southern crude stream Dar Blend dropping below $13/B in December. The southern Finance Minister Kuol Athian said on 20 February that the region did not...