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Al Jazeera
Al Jazeera
World

IMF, South Sudan sign agreement for $112.7m in emergency funds

South Sudan Sudan
South Sudan's Salva Kiir, its president, has been battling conflict and hunger in the country since independence in 2011 [Michael Tewelde/AFP]

The International Monetary Fund (IMF) and South Sudan have reached a staff-level agreement for the release of about $112.7m in emergency financing.

“This emergency financing under the new Food Shock Window will help South Sudan address food insecurity, support social spending, and boost international reserves,” the IMF said in a statement on Tuesday.

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