The Federal Democratic Republic of Ethiopia : Debt Sustainability Analysis

1ETHEA2005003 Image
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Release Date: © January, 2005
ISBN : 978-1-45181-273-2
Stock #: 1ETHEA2005003
Stock Status: On back-order

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This paper presents key findings of debt sustainability analysis (DSA) for Ethiopia. The stress tests reveal that Ethiopia’s external debt and debt service indicators are particularly sensitive to the terms of new borrowing and negative export shocks. The baseline projections appear fragile to adverse shocks and embody optimistic assumptions relative to Ethiopia’s historical trend over the past 10 years. The public debt DSA indicates some risk arising from output growth and the primary balance remaining at historical averages.

More publications in this series: IMF Staff Country Reports