Connect with us

Foreign

South Sudan to close embassies over economic crisis

Published

on

South Sudan to close embassies over economic crisis

Embassy

“The government is reviewing the status of its 39 embassies and a consulate in Dubai before deciding on the number to be closed,’’ Mawien Makol Arik, the ministry spokesperson told Xinhua.

“It is a process that is still underway and we are going to finalise it and come out with the embassies that are going to be closed.

“The move is aimed at reducing the costs of running diplomatic missions amid the ongoing economic crisis in the conflict-torn east African country,’’ Arik said.

According to the World Bank, South Sudan is the most oil-dependent nation in the world, with oil accounting for around 60 per cent of its gross domestic product.

However, after the young nation descended into civil war in late 2013, oil production declined from 350,000 barrels per day in 2011 to less than 130,000 barrels per day in 2014 amid soaring inflation.

Load more

Contact US: editor[at]nnn.com.ng, nnnnews247[at]gmail.com

Recent Posts

February 2020
MTWTFSS
« Jan
12
3456789
10111213141516
17181920212223
242526272829

NNN News Nigeria: NNN is an online Nigeria news portal that publishes breaking news in politics, business, entertainment, sport, security, features, opinion, environment, education, technology, and the world news at large. NNN publishes only news that is factual, credible, verifiable, authoritative and investigative. NNN is a media subscriber of the News Agency of Nigeria. NNN is a unique media organization that is founded in the spirit of Article 19 of the Universal Declaration of Human Rights, comprising of ordinary people with an overriding commitment to seeking the truth and publishing it without fear or favor. Contact: editor[at]nnn.com.ng

© 2014 - 2019 NNN News Nigeria. All Rights Reserved.