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

Author/Editor:

International Monetary Fund

Publication Date:

May 5, 2006

Electronic Access:

Free Full text (PDF file size is 869 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

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.

Series:

Country Report No. 06/159

Subject:

English

Publication Date:

May 5, 2006

ISBN/ISSN:

9781451812787/1934-7685

Stock No:

1ETHEA2006004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

79

Please address any questions about this title to publications@imf.org