South Sudan Oil Revenue Stabilization Fund

At a glance. South Sudan's Petroleum Revenue Management Act of 2013 sets aside 25 percent of net oil revenue: 15 percent for an Oil Revenue Stabilization Account and 10 percent for a Future Generations Fund. The stabilisation account is meant to cushion the budget when oil income falls short. A 2025 policy brief found it had not been put into operation, and no balance has been published. S1

Key points

• Passed by the Legislative Assembly on 17 July 2013. S1
• Takes 15 percent of net petroleum revenue under the Act. S1
• Withdrawals only when actual quarterly revenue falls below a benchmark. S1
• A sister Future Generations Fund receives a further 10 percent. S1
• No deposits, balances or withdrawals have been published. S1

Interesting facts

• The Future Generations Fund is locked for five years, then capped at 10 percent of its balance a year. S1
• Together the two funds would save a quarter of net oil revenue. S1
• South Sudan is not an IFSWF member. S2

Mandate and goals

Act as a fiscal buffer against oil price swings. S1

• Smooth the budget when quarterly oil revenue undershoots. S1
• Save part of oil income alongside the Future Generations Fund. S1

How it invests

Published criteria

• Withdrawals tied to a quarterly revenue benchmark. S1

Past investments

The fund has not published a list of investments.

Investment process

The Act sets deposit and withdrawal rules; no managing body has been named. S1

1. Net oil revenue calculated. S1
2. 15 percent to stabilisation, 10 percent to future generations. S1
3. Draw down if quarterly revenue misses the benchmark. S1

How to approach: No approach route. S1

Size and returns

• Headline size: Not disclosed (Fund market value) S1
• Returns: the fund does not publish a return figure.

Leadership

The fund does not publish named leaders.

Governance and transparency

• Legal basis: Petroleum Revenue Management Act, 2013 S1
• Oversight: Legislative Assembly S1
• No balances published as of the 2025 policy brief. S1

Transparency score: 1.0 of 10 (band 1 of 5). Our own 10-item rubric; see the methodology page.

• Partly published: geographic or sector split, governance and mandate documents. S1
• Not published: total assets, annual return, long-term returns, asset allocation, holdings or deal list, audited financial statements, named leadership, regular reporting schedule. S1

History

Common questions

Is the fund operating?

A 2025 policy brief found it had not been put into operation. S1

How would it be funded?

15 percent of net oil revenue. S1

When could money be withdrawn?

When quarterly oil revenue falls below a benchmark. S1

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• Botswana Sovereign Wealth Fund (BSWF) Botswana · Not yet capitalised
• Fonds Souverain de Guinee (proposed) Guinea · Not yet capitalised
• Kenya Sovereign Wealth Fund Kenya · Not disclosed
• Lagos State Wealth Fund Nigeria (Lagos State) · Not created

All sovereign wealth funds in Africa · All proposed or pipeline funds · All funds in South Sudan

Sources

1. S1Sudd Institute, policy brief on petroleum revenue management, October 2025
2. S2IFSWF, our members