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World Bank urges fiscal reforms, climate action as aid declines in South Sudan
The World Bank on Thursday urged South Sudan to reform its public finances, improve transparency and invest in climate resilience, warning that declining foreign aid and worsening climate shocks threaten development in the world’s youngest nation. Speaking at the launch of two World Bank reports at the University of Juba, the Bank’s South Sudan country manager, Charles Undeland, said weak fiscal discipline, limited transparency and heavy dependence on oil revenues were constraining growth and service delivery. [...]