Analysis of the Implications of Foreign Exchange Reforms on Food Prices in South Sudan

Analysis of the Implications of Foreign Exchange Reforms on Food Prices in South Sudan

pdf (1.2MB)

Download

Analysis of the Implications of Foreign Exchange Reforms on Food Prices in South Sudan

November 3, 2021

This technical brief analyzes the delay in the translation of currency appreciation

into reduced food prices as food accounts for a very significant proportion of

households’ expenditure. The brief is divided into five parts and will analyze

exchange rate reforms and implications for South Sudan’s economy with a focus

on food prices. The first section is an introduction; section two discusses the

drivers and the trends of the exchange rate in South Sudan’s recent past. Section

three discusses the implication of the exchange rate on different sectors of South

Sudan’s economy. Section four focuses on food price analysis, and section five

concludes the brief. The brief covers the period from the onset of the COVID-19

pandemic in 2020 to the present.

Document Type