What Does the Future Hold for Oil in South Sudan Range from 2022/2050?
Abstract
The aim of this paper is to find out the what the future holds in terms of oil in South Sudan. It looks at the economy that aggregated comprising of two major sectors of both oil and aid dominating the entire economy. Oil is a major player within the South Sudan Economy though major South Sudan residents nevertheless rely on other parts of the Economy for example in agricultural sector, livestock, commerce, and others make their income from employment income. Oil as well as aid is important since they are major sources for foreign exchanges and tax revenue. A variety of service industries also exists like the banking industry, insurance industry and other construction industries. The future of South Sudan is hence anchored on oil and this paper tends to explore on what the future holds for South Sudan in the Oil industry.
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