Ethiopia: Recent Economic Developments

International Monetary Fund

No 1999/098, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper reviews economic developments in Ethiopia during 1995–99. It provides an update on macroeconomic performance and structural reforms during FY96–FY99 (fiscal year ended July 7), when Ethiopia—as Africa’s second most populous country and one of the world’s poorest nations—continued to make strides in transitioning to a market-based economy and alleviating widespread poverty. The paper also highlights the major challenges in the areas of financial sector liberalization, civil service reform, and privatization.

Keywords: ISCR; CR; enterprise; government; salary; Ethiopia; nonfinancial enterprise; Ethiopian government wage bill; trade establishment; share company; Derg regime; Civil service; Privatization; Excess liquidity; Exports; Commercial banks; Sub-Saharan Africa; Africa (search for similar items in EconPapers)
Pages: 99
Date: 1999-09-14
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