Upon South Sudan’s independence in 2011, many hoped the country’s oil wealth would help build the state and lift citizens out of poverty. Instead, politicians have shunted these revenues toward patronage and personal enrichment, feeding internal conflict. Transparency and accountability are badly needed.
In this video, Alan Boswell, Crisis Group’s Senior Analyst for South Sudan, explains the journey of oil revenues in South Sudan from oil production to the national expenditure budget.
Read Crisis Group’s full report “Oil or Nothing: Dealing with South Sudan’s Bleeding Finances”
Source link : https://www.crisisgroup.org/africa/horn-africa/south-sudan/where-south-sudans-oil-money-going
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Publish date : 2021-11-02 03:00:00
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