{"id":84633,"date":"2025-10-16T15:13:58","date_gmt":"2025-10-16T15:13:58","guid":{"rendered":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/south-sudan-seeks-more-loans-at-world-bank-imf-indaba"},"modified":"2025-10-16T15:31:28","modified_gmt":"2025-10-16T15:31:28","slug":"south-sudan-seeks-more-loans-at-world-bank-imf-indaba","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-sudan\/all-news\/south-sudan-seeks-more-loans-at-world-bank-imf-indaba","title":{"rendered":"South Sudan Seeks More Loans at World Bank IMF Indaba"},"content":{"rendered":"

Africa-Press – South-Sudan. <\/strong><\/span>As the 2025 Annual Meetings of the World Bank and the International Monetary Fund (IMF) return to Washington D.C. from October 13 through October 18, South Sudan is taking part with an aim to secure additional financial aid.<\/p>\n

The Bank of South Sudan says a delegation led by its Governor, Dr Addis Ababa Othow, has on Tuesday engaged Ndiami Diop, the World Bank\u2019s Vice President for the Eastern and Southern African regions, on the sidelines of the one-week indaba.<\/p>\n

\u201cThe discussions centred around the ongoing implementation of projects in South Sudan supported and funded by the World Bank Group,\u201d read the statement.<\/p>\n

\u201cThese engagements aim to strengthen collaboration efforts to secure additional financial support for South Sudan\u2019s development initiatives,\u201d it stated.<\/p>\n

It was not immediately clear how much worth of loan Juba seeks to acquire from the Bretton Woods amid a biting economic crisis characterised by runaway inflation at home. The move comes amid cumulative debts from the aforementioned institutions yet to be settled by South Sudan.<\/p>\n

The country became a member of the IMF in April 2012. As early as June 2025, IMF data shows South Sudan has outstanding \u201cPurchases and Loans\u201d of Special Drawing Rights amounting to 246 million, which means Juba has drawn credits\/loans that are still unpaid.<\/p>\n

In November 2020, South Sudan secured its first loan of US$52.3 million from the IMF to address its urgent balance of payments needs under the Rapid Credit Facility, followed by an emergency funding of about $114.8 million in early 2023.<\/p>\n

Another SDR allocation came in August 2021 when the country received an additional $334 million via SDRs, which are understood to be special reserve assets from the IMF and not strictly a \u201cloan\u201d but a liability in accounting.<\/p>\n

In September 2024, the World Bank\u2019s International Development Association (IDA) approved a grant of $15 million, plus additional $3 million from the South Sudan government, to fund the Building Institutional Foundations for an Effective Public Service Project aimed to improve human resource and institutional capabilities, strengthen policies, procedures and systems so that the public service can deliver basic services more effectively.<\/p>\n

But analysts say these borrowings have translated to minimal positive progress, with economic transformation yet to be realised and institutional reforms stalled.<\/p>\n

For More News And Analysis About South-Sudan<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – South-Sudan. As the 2025 Annual Meetings of the World Bank and the International Monetary Fund (IMF) return to Washington D.C. from October 13 through October 18, South Sudan is taking part with an aim to secure additional financial aid. The Bank of South Sudan says a delegation led by its Governor, Dr Addis […]<\/p>\n","protected":false},"author":84,"featured_media":84632,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233],"class_list":["post-84633","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-south-sudan"],"yoast_head":"\nSouth Sudan Seeks More Loans at World Bank IMF Indaba - South Sudan<\/title>\n<meta name=\"description\" content=\"As the 2025 Annual Meetings of the World Bank and the International Monetary Fund (IMF) return to Washington D.C. from O ...\" \/>\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\/south-sudan-seeks-more-loans-at-world-bank-imf-indaba\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"South Sudan Seeks More Loans at World Bank IMF Indaba\" \/>\n<meta property=\"og:description\" content=\"As the 2025 Annual Meetings of the World Bank and the International Monetary Fund (IMF) return to Washington D.C. from O ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/south-sudan-seeks-more-loans-at-world-bank-imf-indaba\" \/>\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=\"2025-10-16T15:13:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-16T15:31:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2025\/10\/sm_1760615769.005966.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1079\" \/>\n\t<meta property=\"og:image:height\" content=\"607\" \/>\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\/south-sudan-seeks-more-loans-at-world-bank-imf-indaba#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/south-sudan-seeks-more-loans-at-world-bank-imf-indaba\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"South Sudan Seeks More Loans at World Bank IMF Indaba\",\"datePublished\":\"2025-10-16T15:13:58+00:00\",\"dateModified\":\"2025-10-16T15:31:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/south-sudan-seeks-more-loans-at-world-bank-imf-indaba\"},\"wordCount\":385,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/south-sudan-seeks-more-loans-at-world-bank-imf-indaba#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-sudan\/sites\/32\/2025\/10\/sm_1760615769.005966.jpg\",\"keywords\":[\"South-Sudan\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/south-sudan-seeks-more-loans-at-world-bank-imf-indaba#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/south-sudan-seeks-more-loans-at-world-bank-imf-indaba\",\"url\":\"https:\/\/www.africa-press.net\/south-sudan\/all-news\/south-sudan-seeks-more-loans-at-world-bank-imf-indaba\",\"name\":\"South Sudan Seeks More Loans at World Bank IMF Indaba - 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