
Our economy is the foundation of our lives. When it fails, people suffer. An economy is more than just buying and selling; it’s a complex system built on production, distribution, and trade. It’s shaped by everything from our education and technology to our political stability and natural resources. It is the responsibility of our leaders; the government, businesses, and organizations to make sure this system works for everyone.
For too long, the government has failed to build a solid foundation for our nation’s economy. A crucial piece has been missing, and as a result, inflation is devastating the lives of ordinary citizens.
The missing piece is a set of integrated economic growth policies. These policies should focus on building the economy’s capacity to produce goods and services. A healthy economy relies on key factors: Labor: A skilled and empowered workforce. Capital: The tools, equipment, and money needed to create things. Natural Resources: Smart use of the wealth our land provides. Technology: Modern tools and innovations to improve efficiency.
These elements, when properly managed, create a value chain that leads to real economic growth. Such policies would have prioritized investment in critical infrastructure like quality roads, bridges, and a reliable power grid. They would have supported a strong workforce, encouraged savings, and created a fair taxation system.
We cannot separate economics from politics. A stable and peaceful political environment is essential for economic growth. Sustainable peace attracts investment and allows for long-term planning. Instead, political instability has drained our treasury to fund conflict, further weakening our economy.
Some believe the Central Bank can solve our problems by simply pumping more dollars into the market. This is a narrow view. The Central Bank plays a role, but it’s only one part of the solution. Our economy is a collaborative effort involving many public institutions and the private sector. True progress requires a comprehensive approach.
We have no significant production for export or domestic use. There is little foreign investment, which could bring billions into our economy and strengthen our currency. The high prices we see today are a symptom of a deeper problem: a lack of sustained economic growth.
While the war has certainly worsened our economic hardships, our economy was in trouble long before the conflict began. The war simply added more hurdles and drained our national wealth.
God Protect South Sudan.
Be the Spect
