[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-110342-en":3,"doc-seo-110342-105":29,"detail-sidebar-cat-0-en-105":91},{"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":20,"is_downloadable":20,"audit_status":20,"page_count":21,"language":22,"language_code":23,"site_id":24,"html_lang":23,"table_of_contents":25,"faqs":26,"seo_title":13,"seo_description":14,"update_tm":27,"read_time":28},110342,4398048949847,"Eliana","https://ap-avatar.wpscdn.com/avatar/400002536579ef2da7f?_k=1778318612642679267",8,"Research & Report","Republic of South Sudan - Joint Bank-Fund Debt Sustainability Analysis - High Risk Assessment","Joint Debt Sustainability Analysis for the Republic of South Sudan evaluates external and overall public debt under updated financing assumptions following tighter global conditions and newly identified or reconciled obligations. The risk of external debt distress and the overall risk of debt distress are rated High, while granularity is assessed as Sustainable and no judgment is applied. Several indicators breach thresholds in the short to medium term, although the present value of overall debt-to-GDP falls below the threshold starting FY2026/27. Downside risks include weaker external financing, lower oil revenue, slow public financial management reform, and renewed large-scale conflict.","Public Disclosure  \nPub lic Disc losure Authorized  \nApproved by:  \nAsad Alam and Marcello Estevão (IDA) and Catherine Pattillo and Guillaume Chabert (IMF)  \nPrepared by the staff of the International Development Association (IDA) and the International Monetary Fund (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\nThe baseline in this Debt Sustainability Analysis update (DSA) reflects several changes with respect to the previous DSA of July 2022, including updating the financing assumptions to reflect the global tightening in financing conditions, the discovery of oil pre-sale advances to the Eastern and Southern African Trade Development Bank, a pre-existing loan arrangement with the National Investment Development Bank, and updates to the debt with commercial creditors including China Exim Bank thanks to the reconciliation of debt between the authorities and creditors. South Sudan’s debt remains assessed to be sustainable with a high risk of debt distress for both external and overall public debt.1 Three of the four key indicators of public and publicly guaranteed external debt breach the threshold in the short/medium term, with debt service to revenue remaining above the threshold through 2029/30, and debt serviceto-exports through FY2025/26 . The present value of overall debt-to-GDP ratio decreases below the threshold starting in FY2026/27 . There are several downside risks to the sustainability assessment, including global external financing conditions, decreased oil revenues from drops in production due to climate-related disasters or volatility in global oil prices, slow implementation of reforms in particular on public financial management, a breakdown in the peace process and the resumption of large-scale civil conflict.  \n1 South Sudan’s debt-carrying capacity remains rated “weak” with composite indicator score of 1.33 according to the October 2022 vintage of World Economic Outlook and the 2021 Country Policy and Institutional Assessment index of the World Bank.  \n1. The DSA is limited to central government debt, as data access and availability remains weak. Debt data collection and compilation presents serious weaknesses in South Sudan. SOEs are omitted from the DSAas information about SOE debt and government guarantees is incomplete or unavailable.2 External debt is defined using the currency criterion. The analysis for the contingent liability stress test includes SOE debt, financial market shocks, and a 5 percent shock to GDP to include the potential repayment of salary arrears to embassies’ staff, and other potential arrears or financing shocks.  \n\n| \u003Cbr> |\n| --- |\n|  |\n\n2. South Sudan’s total public debt was estimated at US$3,457 million (67 percent of GDP) as of December 2021 (Text Table 2) . Debt to the World Bank amounted to US$79 .8 million on IDA terms, while debt to the African Development Bank (AfDB) amounted to US$19 million. Debt to the IMF includes the two disbursements under the Rapid Credit Facility (RCF) of November 2020 and April 2021, and the use of US$150 million from the SDR allocation for budget support.3 The debt stock with Afrexim bank was US$464 million at the end of CY2021 . Bilateral creditors include China Exim Bank through two different facilities with a total remaining debt estimated at US$372 million at end-December 2021.4 Amongst commercial creditors the outstanding liability to the Qatar National Bank was amounting to US$586 million at the end of 2021. The debt stock at the end of 2021 also included an outstanding debt of US$550 million  \n2 Addressing the lack of coverage of SOE will require significant efforts in terms of data gathering and possibly technical support to produce the information. There are only a few SOEs in South Sudan with significant economic activity","cbCaiqqCvdDP7xfb","https://ap.wps.com/l/cbCaiqqCvdDP7xfb","pdf",1496402,1,18,"English","en",105,"# Risk Assessment\n## External Debt Distress Risk\n## Overall Debt Distress Risk\n# Key Drivers and Updates\n## Financing Assumptions\n## Newly Identified and Reconciled Debt\n# Threshold Indicators and Dynamics\n## Public and External Debt Breaches\n## Debt Service to Revenue and Exports\n## Present Value Debt-to-GDP Path\n# Scope, Methodology, and Contingent Liabilities\n## Coverage Limits and SOE Exclusion\n## Contingent Liability Stress Test\n# Debt Stock Composition and Creditor Breakdown\n## Multilateral and Bilateral Creditors\n## Commercial Creditors and Domestic Debt\n# Downside Risks","[{\"question\":\"What are the reported risk ratings for South Sudan’s debt distress?\",\"answer\":\"The risk of external debt distress is High, and the overall risk of debt distress is also High. Granularity is assessed as Sustainable, and no judgment is applied.\"},{\"question\":\"Which indicators breach thresholds and what improves later in the forecast?\",\"answer\":\"Three of the four key indicators of public and publicly guaranteed external debt breach thresholds in the short/medium term. The present value of overall debt-to-GDP decreases below the threshold starting FY2026/27.\"},{\"question\":\"Why is the analysis limited to central government debt?\",\"answer\":\"Coverage is limited because data access and availability are weak in South Sudan. The DSA omits SOEs and notes serious weaknesses in debt data collection and compilation.\"}]",1784484977,45,{"code":4,"msg":30,"data":31},"ok",{"site_id":24,"language":23,"slug":32,"title":13,"keywords":33,"description":14,"schema_data":34,"social_meta":86,"head_meta":88,"extra_data":90,"updated_unix":27},"republic-of-south-sudan-joint-world-bank-imf-debt-sustainability-analysis-high-risk-assessment","",{"@graph":35,"@context":85},[36,53,68],{"@type":37,"itemListElement":38},"BreadcrumbList",[39,43,47,50],{"item":40,"name":41,"@type":42,"position":20},"https://docshare.wps.com","Home","ListItem",{"item":44,"name":45,"@type":42,"position":46},"https://docshare.wps.com/document/","Document",2,{"item":48,"name":12,"@type":42,"position":49},"https://docshare.wps.com/document/research-report/",3,{"item":51,"name":13,"@type":42,"position":52},"https://docshare.wps.com/document/republic-of-south-sudan-joint-world-bank-imf-debt-sustainability-analysis-high-risk-assessment/110342/",4,{"url":51,"name":13,"@type":54,"author":55,"headline":13,"publisher":57,"fileFormat":60,"inLanguage":23,"description":14,"dateModified":61,"datePublished":62,"encodingFormat":60,"isAccessibleForFree":63,"interactionStatistic":64},"DigitalDocument",{"name":9,"@type":56},"Person",{"url":40,"name":58,"@type":59},"DocShare","Organization","application/pdf","2026-07-22","2026-07-19",true,{"@type":65,"interactionType":66,"userInteractionCount":20},"InteractionCounter",{"@type":67},"ViewAction",{"@type":69,"mainEntity":70},"FAQPage",[71,77,81],{"name":72,"@type":73,"acceptedAnswer":74},"What are the reported risk ratings for South Sudan’s debt distress?","Question",{"text":75,"@type":76},"The risk of external debt distress is High, and the overall risk of debt distress is also High. Granularity is assessed as Sustainable, and no judgment is applied.","Answer",{"name":78,"@type":73,"acceptedAnswer":79},"Which indicators breach thresholds and what improves later in the forecast?",{"text":80,"@type":76},"Three of the four key indicators of public and publicly guaranteed external debt breach thresholds in the short/medium term. The present value of overall debt-to-GDP decreases below the threshold starting FY2026/27.",{"name":82,"@type":73,"acceptedAnswer":83},"Why is the analysis limited to central government debt?",{"text":84,"@type":76},"Coverage is limited because data access and availability are weak in South Sudan. The DSA omits SOEs and notes serious weaknesses in debt data collection and compilation.","https://schema.org",{"og:url":51,"og:type":87,"og:title":13,"og:site_name":58,"og:description":14},"article",{"robots":89,"canonical":51},"index,follow",{"doc_id":7,"site_id":24},{"code":4,"msg":5,"data":92},[93,97,101,105,110,115,120,123,128,131,135],{"id":20,"doc_module":4,"doc_module_name":45,"category_name":94,"show_sort_weight":95,"slug":96},"Story & Novel",90,"story-novel",{"id":46,"doc_module":4,"doc_module_name":45,"category_name":98,"show_sort_weight":99,"slug":100},"Literature",80,"literature",{"id":52,"doc_module":4,"doc_module_name":45,"category_name":102,"show_sort_weight":103,"slug":104},"Exam",70,"exam",{"id":106,"doc_module":4,"doc_module_name":45,"category_name":107,"show_sort_weight":108,"slug":109},5,"Comic",60,"comic",{"id":111,"doc_module":4,"doc_module_name":45,"category_name":112,"show_sort_weight":113,"slug":114},6,"Technology",50,"technology",{"id":116,"doc_module":4,"doc_module_name":45,"category_name":117,"show_sort_weight":118,"slug":119},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":45,"category_name":12,"show_sort_weight":121,"slug":122},30,"research-report",{"id":124,"doc_module":4,"doc_module_name":45,"category_name":125,"show_sort_weight":126,"slug":127},9,"Religion & Spirituality",20,"religion-spirituality",{"id":126,"doc_module":4,"doc_module_name":45,"category_name":129,"show_sort_weight":126,"slug":130},"World Cup","world-cup",{"id":132,"doc_module":4,"doc_module_name":45,"category_name":133,"show_sort_weight":132,"slug":134},10,"Lifestyle","lifestyle",{"id":136,"doc_module":4,"doc_module_name":45,"category_name":137,"show_sort_weight":106,"slug":138},19,"General","general"]