The Federal Democratic Republic of Ethiopia [electronic resource] : Staff Report for the 2012 Article IV Consultation.

International Monetary Fund. African Dept.
Washington, D.C. : International Monetary Fund, 2012.
IMF eLibrary
IMF Staff Country Reports; Country Report No. 12/287.
IMF Staff Country Reports; Country Report No. 12/287
Government document
1 online resource (70 p.)
Local subjects:
Article IV consultation reports. (search)
Balance of payments. (search)
Central bank. (search)
Coverage of debt. (search)
Current account. (search)
Current account balance. (search)
Current account deficit. (search)
Debt management. (search)
Debt management strategy. (search)
Debt monitoring. (search)
Debt relief. (search)
Debt strategy. (search)
Debt sustainability. (search)
Debt sustainability analysis. (search)
Domestic borrowing. (search)
Domestic borrowings. (search)
Domestic debt. (search)
Domestic financing. (search)
Domestic saving. (search)
Domestic savings. (search)
Economic growth. (search)
Economic indicators. (search)
Exchange rate assessments. (search)
External borrowing. (search)
External debt. (search)
External financing. (search)
External loans. (search)
External payment. (search)
External public sector debt. (search)
External shocks. (search)
Fiscal policy. (search)
Fiscal reforms. (search)
Foreign exchange. (search)
Gdp deflator. (search)
Government debt. (search)
High inflation. (search)
Improvements in debt management. (search)
Inflation. (search)
Infrastructure. (search)
Loan disbursements. (search)
Long-term loans. (search)
Low inflation. (search)
Lower inflation. (search)
Macroeconomic stability. (search)
Millennium Development Goals. (search)
Monetary policy. (search)
Money growth. (search)
Nominal interest rates. (search)
Official creditors. (search)
Private bank. (search)
Private banks. (search)
Public debt. (search)
Public information notices. (search)
Public investment. (search)
Public sector borrowing. (search)
Public sector debt. (search)
Real interest rates. (search)
Reserve holdings. (search)
Reserves adequacy. (search)
Staff Reports. (search)
Terms of trade. (search)
Ethiopia. (search)
Ethiopia pursues a public sector-led growth strategy that focuses on promoting growth through high public investment supported partly by low nominal interest rates. While the strategy has contributed to robust economic growth in the past, recent developments indicate a buildup of vulnerabilities which need to be addressed in order to sustain this growth performance. While inflation remains high (21 percent at end-2011/12), real GDP growth, which is estimated at around 7 percent in 2011/12 and is projected to decline to 6.5 percent in subsequent years under the continuation of current policies, is still robust.
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International Monetary Fund. African Dept.
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