Finance Minister Stephen Dhieu Dau told Reuters late on Monday that the government had signed a deal with the World Bank for a $50 million grant "to meet the food gaps in South Sudan". Dau said a further $8 million agreed with the World Bank was earmarked for the construction of a road connecting the capital Juba to Kenya. Separately, the African Development Bank will provide loans and grants worth $48 million to help strengthen the recession-hit economy, the minister said, without giving details. The fighting has hit oil production and food cultivation amid soaring inflation. The IMF says the economy shrunk by almost 20 percent in the two years through to 2015/16, and forecasts a 3.5 percent contraction this year.

Source: Standard Digital April 25, 2017 12:33 UTC