The Bank of South Sudan is reporting signs of economic recovery.

The Bank of South Sudan is reporting signs of economic recovery since the signing of the revitalized peace agreement and launch of various infrastructure projects.

Addressing journalists in Juba, bank governor and chairman of Board of Directors, Dier Tong Ngor said an upcoming power project and the launch of the fibre optic network have contributed to the recovery.

Dier Tong Ngor says the bank projects Gross Domestic Products or GDP to increase from previous negative digits to 5% by the end of 2019.

The Bank of South Sudan concluded a 3-day Board of Directors meeting today in Juba.