The Federal Democratic Republic of Ethiopia : 2005 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

1ETHEA2006004 Image
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Release Date: © May, 2006
ISBN : 978-1-45181-278-7
Stock #: 1ETHEA2006004
Stock Status: On back-order

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The Federal Democratic Republic of Ethiopia’s 2005 Article IV Consultation reports that domestic credit growth has accelerated, driven by strong demand from the government, public enterprises, and the private sector. High import content, particularly from public infrastructure investments, together with higher oil imports, has translated into widening trade and current account deficits, and emerging pressures on international reserves. Inflation pressures are rising, driven by both demand pressures and higher import costs. The real effective exchange rate has appreciated moderately.


Balance of payments , Economic development , Economic policy , Economic sectors , Exchange rate policy , Fiscal policy , Foreign exchange , IMF governance and operations , Investment , Monetary policy , Operations , Poverty Reduction and Development , Private sector , Social indicators , Technical assistance

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