Hope for South Sudan as fund offers President Kiir $105b budget support
Tuesday January 3 2017
South Sudanese traders sell vegetables in an empty stocked market in Akuem, outside Aweil, on October 12, 2016. PHOTO | AFP
President Kiir is reported to have jumped at the opportunity as it offers a lifeline for his broke government. The country became the biggest source of refugees fleeing and leaving behind horrific levels of violence, rape and kidnap.
But this is not the first time South Sudan is entering such a deal to mortgage its natural resources for cash.
The young and troubled country also faces another challenge as it tries to fix its politics, security and economy — fortune-hunters and fixers looking for a quick buck.