{"id":56794,"date":"2024-04-20T09:58:13","date_gmt":"2024-04-20T09:58:13","guid":{"rendered":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/pound-currency-drops-by-half-in-one-year-un"},"modified":"2024-04-20T10:35:11","modified_gmt":"2024-04-20T10:35:11","slug":"pound-currency-drops-by-half-in-one-year-un","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/pound-currency-drops-by-half-in-one-year-un","title":{"rendered":"Pound currency drops by half in one year: UN"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; South-Sudan. <\/strong><\/span>South Sudan pound depreciated by 48.93 per cent against the US dollar in March 2023 in comparison with the same period last year as commodity prices skyrocketed, according to UN agencies.<\/p>\n<p>The UN Office for Coordination of Humanitarian Affairs said underfunded relief organizations have minimized their response to reaching people with the greatest needs.<\/p>\n<p>World Food Program (WFP) data revealed similar worsening economic situation in the same period, as the prices of maize flour and beans increased by 55 percent and 84 percent respectively.<\/p>\n<p>\u201cPrice increases are pushing basic necessities out of reach for many people,\u201d OCHA said in its monthly humanitarian snapshot published on April 19, 2024.<\/p>\n<p>\u201cAffordability of essential food items is worsening food insecurity and raising malnutrition concerns, particularly among vulnerable populations.\u201d<\/p>\n<p>OCHA further said it detected a Global Acute Malnutrition rate of 22 percent in its screening for malnutrition among returnees and refugees children in Wau County of Western Bahr el Ghazal State.<\/p>\n<p>As of April 2024, 640,688 people have arrived in South Sudan from Sudan since conflict erupted there in April last year, approximately 78% of whom are South Sudanese returnees.<\/p>\n<p>An estimated 9 million people including refugees will experience critical needs in 2024, including an estimated 7.1 million who will require food assistance from April to July 2024, according to agencies.<\/p>\n<p>President Salva Kiir pledged his government\u2019s commitment to tackling the economic hardships facing South Sudan as he reopened the transitional national parliament on April 3, 2024.<\/p>\n<p>Addressing lawmakers, Kiir outlined plans to enhance the agricultural sector, in a bid to tackle overreliance on oil revenue amidst interruptions caused by the Sudan conflict.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/south-sudan\">South-Sudan<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; South-Sudan. South Sudan pound depreciated by 48.93 per cent against the US dollar in March 2023 in comparison with the same period last year as commodity prices skyrocketed, according to UN agencies. The UN Office for Coordination of Humanitarian Affairs said underfunded relief organizations have minimized their response to reaching people with the [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":56793,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[234,265,233],"class_list":["post-56794","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-south-sudan","tag-south-sudan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Pound currency drops by half in one year: UN - South Sudan<\/title>\n<meta name=\"description\" content=\"South Sudan pound depreciated by 48.93 per cent against the US dollar in March 2023 in comparison with the same period l ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/pound-currency-drops-by-half-in-one-year-un\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pound currency drops by half in one year: UN\" \/>\n<meta property=\"og:description\" content=\"South Sudan pound depreciated by 48.93 per cent against the US dollar in March 2023 in comparison with the same period l ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/pound-currency-drops-by-half-in-one-year-un\" \/>\n<meta property=\"og:site_name\" content=\"South Sudan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-20T09:58:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-20T10:35:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2024\/04\/sm_1713596652.000338.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"984\" \/>\n\t<meta property=\"og:image:height\" content=\"432\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/pound-currency-drops-by-half-in-one-year-un#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/pound-currency-drops-by-half-in-one-year-un\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Pound currency drops by half in one year: UN\",\"datePublished\":\"2024-04-20T09:58:13+00:00\",\"dateModified\":\"2024-04-20T10:35:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/pound-currency-drops-by-half-in-one-year-un\"},\"wordCount\":275,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/pound-currency-drops-by-half-in-one-year-un#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2024\/04\/sm_1713596652.000338.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Sudan\",\"South-Sudan\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/pound-currency-drops-by-half-in-one-year-un#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/pound-currency-drops-by-half-in-one-year-un\",\"url\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/pound-currency-drops-by-half-in-one-year-un\",\"name\":\"Pound currency drops by half in one year: UN - 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