The Bank of South Sudan (BoSS) expects more inflationary pressures and weakening of the South Sudanese pound as a result of the continuous decline in forex reserves, highlighting the depth of economic woes facing the nation ahead of the general election scheduled for December this year.
Juba is grappling with a shortage of dollars as a result of declining revenues from oil production-the nation’s chief revenue earner, on depleted wells and military conflict in the neighbouring Sudan.
