[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-111026-en":3,"doc-seo-111026-105":31,"detail-sidebar-cat-0-en-105":92},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":28,"seo_description":14,"update_tm":29,"read_time":30},111026,7971461741311,"Ophelia","https://ap-avatar.wpscdn.com/avatar/74000253aff267980c6?x-image-process=image/resize,m_fixed,w_180,h_180&k=1779345379180704826",8,"Research & Report","Joint World Bank-IMF Debt Sustainability Analysis - March 2021 - South Sudan","Joint World Bank and IMF debt sustainability assessment for the Republic of South Sudan (March 2021) evaluates risks to external and overall public debt. It finds a high risk of debt distress, despite sustainability overall, with temporary breaches in two out of seven external indicators under the baseline. The baseline reflects higher oil prices and increased food-import needs after severe flooding. The analysis notes limited debt data coverage, omissions of SOEs, and conditional improvements through policy adjustment and greater concessional financing.","Public Disclosure Authorized Public Disclosure Authorized  \nINTERNATIONAL DEVELOPMENT ASSOCIATION  \nINTERNATIONAL MONETARY FUND  \nREPUBLIC OF SOUTH SUDAN  \nJoint World Bank-IMF Debt Sustainability Analysis  \nMarch 2021  \nPrepared Jointly by the staffs ofthe International Development Association (IDA)  \nand the International Monetary Fund (IMF)  \nApproved by Marcello Estevão (IDA), Catherine Pattillo and Guillaume Chabert (IMF)  \n\n| Republic of South Sudan: Joint Bank-Fund Debt Sustainability Analysis |  |\n| --- | --- |\n| Risk of external debt distress | High |\n| Overall risk of debt distress | High |\n| Granularity in the risk rating | Sustainable |\n| Application of judgment | No |\n\nRelative to the last assessment in November 2020, the baseline in this Debt Sustainability Analysis (DSA) has slightly higher oil prices and higher need for food imports due to severe flooding, which has destroyed food stocks and crops ahead of the main harvest season, but is otherwise broadly unchanged.  \nSouth Sudan’s debt is assessed to be sustainable with a high risk of debt distress for both external and overall public debt. 1 Specifically, there are temporary breaches in two out of seven debt indicators under the baseline scenario (debt service-to-revenues ratio of external public debt, and present value (PV) of debt-to-GDP ratio of overall public debt) . These breaches suggest a high risk of external and overall public debt distress. However, all external and overall public debt indicators are expected to be below the respective thresholds from 2024/25 onwards, contingent on the authorities’ commitment to policy adjustment needed to cap the deficit over the medium term together with increased concessional financing. South Sudan’s external and overall debt are therefore assessed to be sustainable. Risks to this assessment are tilted to the downside, including in relation to the implementation of policy adjustment and limited access to concessional loans.  \n1 South Sudan’s debt-carrying capacity remains rated “weak” with composite indicator score of 1.20 according to the October 2020 vintage of World Economic Outlook and the World Bank’s 2019 Country Policy and Institutional Assessment index.  \nBACKGROUND  \nPublic Debt Coverage  \n1. TheDSA covers central government debt and debt issued by the central bank on behalf of the government. South Sudan faces significant weaknesses with the availability of debt data. Complete information about SOE debt and government guarantees is unavailable, and this leads to the omission of SOEs in the DSA.2 The size of government guarantees is negligible; thus, the contingent liability stress test includes only SOE debt and financial market shocks. The external debt is defined using the currency criterion.  \n\n| \u003Cbr>Subsectors of the public sector\u003Cbr>1 Central government\u003Cbr>2 State and local government\u003Cbr>3 Other elements in the general government\u003Cbr>4 o/w: Social security fund\u003Cbr>5 o/w: Extra budgetary funds (EBFs)\u003Cbr>6 Guarantees (to other entities in the public and private sector, including to SOEs)\u003Cbr>7 Central bank (borrowed on behalf of the government)\u003Cbr>8 Non-guaranteed SOE debt\u003Cbr>Sub-sectors covered\u003Cbr>X\u003Cbr>X |\n| --- |\n|  1 The country's coverage of public debt The central government, central bank\u003Cbr>\u003Cbr>Default\u003Cbr>Used for the analysis\u003Cbr>Reasons for deviations from the default settings\u003Cbr>\u003Cbr>2 Other elements of the general government not captured in 1.\u003Cbr>3 SoE's debt (guaranteed and not guaranteed by the government) 1/\u003Cbr>4 PPP\u003Cbr>5 Financial market (the default value of 5 percent of GDP is the minimum value) Total (2+3+4+5) (in percent of GDP)\u003Cbr>0 percent of GDP\u003Cbr>2 percent of GDP\u003Cbr>35 percent of PPP stock\u003Cbr>5 percent of GDP\u003Cbr>0.0 2.0 0.0 5.0 7.0 |\n| 1/ The default shock of 2% of GDP will be triggered for countries, whose government-guaranteed debt is not fully captured under the country's public debt definition (1.). If it is already included in the government debt (1 .) and risks associated wit","cbCaitaIh91iY1od","https://ap.wps.com/l/cbCaitaIh91iY1od","pdf",432223,3,1,18,"English","en",105,"# Key risk ratings\n## External debt distress risk\n## Overall public debt distress risk\n# Baseline scenario drivers\n## Oil prices and food import needs\n## Flooding impacts\n# Debt assessment conclusions\n## Temporary indicator breaches\n## Threshold re-compliance from 2024/25\n# Background and methodology\n## Public debt coverage\n## Data availability constraints\n## Debt restructuring developments","[{\"question\":\"What risk level does the analysis assign to South Sudan’s external debt distress and overall debt distress?\",\"answer\":\"The report assigns a high risk of external debt distress and a high overall risk of debt distress.\"},{\"question\":\"Why does the baseline scenario change compared with the prior assessment in November 2020?\",\"answer\":\"The baseline has slightly higher oil prices and higher food import needs due to severe flooding that destroyed food stocks and crops before the main harvest.\"},{\"question\":\"How does the report treat limitations in public debt data, especially SOE-related debt?\",\"answer\":\"It covers central government debt and central-bank borrowing on behalf of the government, but omits SOEs because complete information on SOE debt and guarantees is unavailable.\"}]","Joint World Bank-IMF Debt Sustainability Analysis - March 2021 - South Sudan | PDF",1784488204,45,{"code":4,"msg":32,"data":33},"ok",{"site_id":25,"language":24,"slug":34,"title":13,"keywords":35,"description":14,"schema_data":36,"social_meta":87,"head_meta":89,"extra_data":91,"updated_unix":29},"joint-world-bank-imf-debt-sustainability-analysis-march-2021-south-sudan","",{"@graph":37,"@context":86},[38,54,69],{"@type":39,"itemListElement":40},"BreadcrumbList",[41,45,49,51],{"item":42,"name":43,"@type":44,"position":21},"https://docshare.wps.com","Home","ListItem",{"item":46,"name":47,"@type":44,"position":48},"https://docshare.wps.com/document/","Document",2,{"item":50,"name":12,"@type":44,"position":20},"https://docshare.wps.com/document/research-report/",{"item":52,"name":13,"@type":44,"position":53},"https://docshare.wps.com/document/joint-world-bank-imf-debt-sustainability-analysis-march-2021-south-sudan/111026/",4,{"url":52,"name":13,"@type":55,"author":56,"headline":13,"publisher":58,"fileFormat":61,"inLanguage":24,"description":14,"dateModified":62,"datePublished":63,"encodingFormat":61,"isAccessibleForFree":64,"interactionStatistic":65},"DigitalDocument",{"name":9,"@type":57},"Person",{"url":42,"name":59,"@type":60},"DocShare","Organization","application/pdf","2026-08-01","2026-07-19",true,{"@type":66,"interactionType":67,"userInteractionCount":20},"InteractionCounter",{"@type":68},"ViewAction",{"@type":70,"mainEntity":71},"FAQPage",[72,78,82],{"name":73,"@type":74,"acceptedAnswer":75},"What risk level does the analysis assign to South Sudan’s external debt distress and overall debt distress?","Question",{"text":76,"@type":77},"The report assigns a high risk of external debt distress and a high overall risk of debt distress.","Answer",{"name":79,"@type":74,"acceptedAnswer":80},"Why does the baseline scenario change compared with the prior assessment in November 2020?",{"text":81,"@type":77},"The baseline has slightly higher oil prices and higher food import needs due to severe flooding that destroyed food stocks and crops before the main harvest.",{"name":83,"@type":74,"acceptedAnswer":84},"How does the report treat limitations in public debt data, especially SOE-related debt?",{"text":85,"@type":77},"It covers central government debt and central-bank borrowing on behalf of the government, but omits SOEs because complete information on SOE debt and guarantees is unavailable.","https://schema.org",{"og:url":52,"og:type":88,"og:title":13,"og:site_name":59,"og:description":14},"article",{"robots":90,"canonical":52},"index,follow",{"doc_id":7,"site_id":25},{"code":4,"msg":5,"data":93},[94,98,102,106,111,116,121,124,129,132,136],{"id":21,"doc_module":4,"doc_module_name":47,"category_name":95,"show_sort_weight":96,"slug":97},"Story & Novel",90,"story-novel",{"id":48,"doc_module":4,"doc_module_name":47,"category_name":99,"show_sort_weight":100,"slug":101},"Literature",80,"literature",{"id":53,"doc_module":4,"doc_module_name":47,"category_name":103,"show_sort_weight":104,"slug":105},"Exam",70,"exam",{"id":107,"doc_module":4,"doc_module_name":47,"category_name":108,"show_sort_weight":109,"slug":110},5,"Comic",60,"comic",{"id":112,"doc_module":4,"doc_module_name":47,"category_name":113,"show_sort_weight":114,"slug":115},6,"Technology",50,"technology",{"id":117,"doc_module":4,"doc_module_name":47,"category_name":118,"show_sort_weight":119,"slug":120},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":47,"category_name":12,"show_sort_weight":122,"slug":123},30,"research-report",{"id":125,"doc_module":4,"doc_module_name":47,"category_name":126,"show_sort_weight":127,"slug":128},9,"Religion & Spirituality",20,"religion-spirituality",{"id":127,"doc_module":4,"doc_module_name":47,"category_name":130,"show_sort_weight":127,"slug":131},"World Cup","world-cup",{"id":133,"doc_module":4,"doc_module_name":47,"category_name":134,"show_sort_weight":133,"slug":135},10,"Lifestyle","lifestyle",{"id":137,"doc_module":4,"doc_module_name":47,"category_name":138,"show_sort_weight":107,"slug":139},19,"General","general"]