The Sentry is an investigative and policy organization that seeks to disable multinational predatory networks that benefit from violent conflict, repression, and kleptocracy.
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07.26.15
Sudan Tribune: S. Sudan inflation caused by “well-connected” elites: report
The involvement of elites in the South Sudan’s financial sector, particularly speculation in the parallel currency market by the well-connected, is responsible for the currency depreciation and inflation in the country, a new report said.
The 16-page report, entitled “The Nexus of Corruption and Conflict in South Sudan”, was released on Monday by The Sentry, an initiative of the Enough Project, together with its supporting partners C4ADS and Not On Our Watch (NOOW).
It mainly identifies four major sectors in which the country’s wealth and revenues are said to be diverted towards the personal and institutional interests of elites: The areas mentioned in the report include the extractives sector, the military, state spending and the money laundering hub.
