Showing 1 - 10 of 3,594
Ethiopia has successfully implemented policies to reduce inflation and rebuild external reserves. Fiscal policy aims to …
Persistent link: https://www.econbiz.de/10014402144
Facing declining reserves and high inflation, Ethiopian authorities have implemented an effective macroeconomic adjustment package supported by the IMF under the rapid-access component of the Exogenous Shocks Facility. The global recession is putting renewed pressure on the external position,...
Persistent link: https://www.econbiz.de/10014406034
Ethiopia showed commendable performance under the Poverty Reduction and Growth Facility (PRGF) Arrangement. Executive … Commercial Bank of Ethiopia, and stressed the need to strengthen the organizational structure and finances of the National Bank … of Ethiopia. They agreed that Ethiopia has successfully completed the fifth review under the PRGF program, and approved …
Persistent link: https://www.econbiz.de/10014406098
This paper assesses Ethiopia’s Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth …. Performance under the first annual PRGF-supported program was satisfactory in the context of Ethiopia’s steady progress toward … exception of the adjusted performance criterion on the net domestic assets of the National Bank of Ethiopia, for which the …
Persistent link: https://www.econbiz.de/10014406327
Ethiopia’s request for disbursement under the rapid-access component of the Exogenous Shocks Facility is examined. The …
Persistent link: https://www.econbiz.de/10014406722
Recent economic developments have been adversely affected by the severe drought. The mission and the authorities updated the macroeconomic framework for 2003/04 and the medium-term in light of recent developments and the latest World Economic Outlook (WEO) price projections. The fiscal strategy...
Persistent link: https://www.econbiz.de/10014406302
This 2008 Article IV Consultation highlights that the Ethiopian economy has been growing rapidly in the last four years. Favorable weather conditions and pro-growth policies have helped sustain recovery from a sharp drought-related contraction in 2002/03. Growth has averaged 11 percent since...
Persistent link: https://www.econbiz.de/10014402120
indicates stronger revenue collection than programmed. Ethiopia has been resilient to the ongoing global crisis because …
Persistent link: https://www.econbiz.de/10014403723
The Federal Democratic Republic of Ethiopia’s 2007 Article IV Consultation reports on the macroeconomic imbalances and … activity and increasingly negative real interest rates. A critical challenge for Ethiopia is to strike a judicious balance …
Persistent link: https://www.econbiz.de/10014404492
The Federal Democratic Republic of Ethiopia’s 2005 Article IV Consultation reports that domestic credit growth has …
Persistent link: https://www.econbiz.de/10014405398