JUBA – South Sudan’s Vice President James Wani Igga said on Thursday that his government has implemented policies and reforms to encourage investment in the country’s economy, which is currently struggling with hyperinflation and high food prices.
He made the remarks at the opening of the Juba Economic Forum in Juba this afternoon.
Igga, who also chairs the country’s economic cluster, said the government aims to promote a conducive atmosphere to attract investors to participate in the country’s untapped economic potential.
“Our goal is to ensure that both local entrepreneurs and international investors see our beloved country and its friendly people as a welcoming hub for investment,” he said. “Policies and reforms have been implemented to reduce barriers, enhance infrastructure, and guarantee security for investment,” he added.
The Juba Economic Forum is an annual gathering of key economic sector players who meet to brainstorm on the challenges, strengths, and weaknesses of business opportunities in the economy. Organizers said participants include entrepreneurs, think tanks, business people, and academicians who will hold discussions on economic matters over three days.
This year’s gathering, the third since its launch, is organized under the theme “Promoting Commercial Agriculture as a Pathway to Economic Stability.”
Speaking at the same event, South Sudan’s Minister of Agriculture and Food Security appealed to donors and development partners to support food production to address the persistent food security shortage.
“With the right policies, investments, and partnerships—including the use of cooperatives to transform agriculture—we can turn our agricultural sector into a thriving commercial industry,” she said.
