South Sudan has plunged into a cash crisis that is crippling household spending, paralysing businesses and stifling economic activity. The revelations emerged as renewed fighting between government and opposition forces escalated, further dimming the fragile growth prospects of the world’s newest nation.
A military conflict has been simmering in Jonglei State, north of the capital Juba, between the South Sudan Defence Forces and the White Army militia allied with suspended Vice President Riek Machar.