The Federal Democratic Republic of Ethiopia : 2007 Article IV Consultation: Staff Report; Staff Supplement; 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:

July 20, 2007

Electronic Access:

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Summary:

The Federal Democratic Republic of Ethiopia’s 2007 Article IV Consultation reports on the macroeconomic imbalances and on maintaining medium-term macroeconomic stability while fostering growth potential. Although agriculture continues to be the mainstay of the economy, the expansion has been broad-based, with manufacturing, construction, and services making significant contributions. Expansion of domestic credit has continued to be brisk, reflecting a pickup in private sector economic activity and increasingly negative real interest rates. A critical challenge for Ethiopia is to strike a judicious balance between demand-dampening measures and growth-enhancing structural reforms.

Series:

Country Report No. 07/247

Subject:

English

Publication Date:

July 20, 2007

ISBN/ISSN:

9781451812800/1934-7685

Stock No:

1ETHEA2007002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

66

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