Ethiopia pursues a public sector-led growth strategy that focuses on promoting growth through high public investment …

This Selected Issues paper reviews the evolution of inequality in Ethiopia and discusses the role of various … macroeconomic policies as well as structural factors. With a Gini coefficient of 30, Ethiopia remains among the most egalitarian … income deciles. In terms of tax revenue collection, Ethiopia faces the typical challenges of a developing country. It is …

KEY ISSUES Context: Ethiopia’s investment-led development strategy has delivered robust growth and progress toward …, particularly a drought. Policy mix: Staff recommendations focused on sustaining a cautious policy stance, prioritization of public …

This Selected Issues paper argues that for Ethiopia to continue sustaining robust growth, leveraging the transformation … power of the private sector, especially entrepreneurs, is essential. Although Ethiopia's public sector-led development … domestic product ratios. Comparing Ethiopia's development experience-especially in terms of structural transformation and …

Context: Ethiopia’s public sector-led development strategy has contributed to considerable poverty reduction and … National Bank of Ethiopia (NBE) for the formulation and implementation of financial sector policies to promote financial …

1. In recent years, Ethiopia has sustained high growth spurred by bold national plans. During 2005/06–2009/10, the …

—recently halted by a drought-driven food price shock—the fiscal stimulus has been successful in driving economic activity, and a … to abate the impact of the price shock on core inflation. Consolidating its credibility as an inflation-targeting central … bank, the Bank of Uganda (BoU) raised the policy rate in reaction to the shock, and subsequently signaled a neutral …