The Federal democratic Republic of Ethiopia : 2018 Article IV consultation : press release; staff report; and statement by the Executive Director for the Federal Democratic Republic of Ethiopia
International Monetary Fund
Context: In 2017/18 growth slowed due to political uncertainty and appropriately restrictive macroeconomic policies. The external current account deficit narrowed to 6.4 percent of GDP reflecting public-sector fiscal consolidation and a tight monetary policy stance. Reserves were thin and foreign exchange shortages persisted. Prime Minister (PM) Abiy Ahmed took office in April 2018, catalyzing a drive for reforms, including towards economic opening. Outlook: Output growth is expected to accelerate to 8.5 percent in 2018/19 as political uncertainty abates and financial inflows temporarily ease external constraints. The Debt Sustainability Analysis (DSA) continues to assess Ethiopia at high risk of debt distress. Reforms announced by the authorities-including privatizations and opening key sectors to competition and private investment-pose a substantial upside growth potential
Year of publication: |
December 2018
|
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Institutions: | Internationaler Währungsfonds (issuing body) |
Publisher: |
Washington, D.C. : International Monetary Fund |
Subject: | Schuldenmanagement | Debt management | Wirtschaftslage | Macroeconomic performance | Äthiopien | Ethiopia |
Saved in:
freely available
Extent: | 1 Online-Ressource (circa 84 Seiten) Illustrationen |
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Series: | IMF country report. - Washington, DC : IMF, ZDB-ID 2390611-X. - Vol. no. 18, 354 |
Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Graue Literatur ; Non-commercial literature |
Language: | English |
ISBN: | 978-1-4843-8860-0 |
Other identifiers: | 10.5089/9781484388600.002 [DOI] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10011983936
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