Abstract: The main objective of the study was to find out the factors promoting the Economic Outlook and Monetary policies in South Sudan. Due to floods, locust invasions, and COVID-19, GDP decreased by 6.0% in 2020–21 compared to an increase of 13.2% in 2019–2020. As a result of activities over time that have impacted the industry sector, the world has implemented some containment measures. The study made use several methods Such as graphical representation to explain the economic outlook and monetary policies in South Sudan. Floods and the locust harmed the agricultural sectors on the supply side. Productions in the oil sector, which make up over 98% of the GDP and 80% of industrial value adds, decreased as several oilfields reached their capacity. Consumption by the public and the private sectors drives increases in supply and demand.
Keywords: Economic outlook, GDP, Macroeconomic theories, Business Cycle theories.
Title: Factors Promoting the Economic Outlook and Monetary Policies in South Sudan
Author: Matiok Santino Akuendit, Caston Kioni Mputhia
International Journal of Management and Commerce Innovations
ISSN 2348-7585 (Online)
Vol. 10, Issue 2, October 2022 - March 2023
Page No: 268-274
Research Publish Journals
Website: www.researchpublish.com
Published Date: 02-December-2022
