IMF Staff Country Reports

The Federal Democratic Republic of Ethiopia: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Federal Democratic Republic of Ethiopia

Publication Date:

October 4, 2016

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2016 Article IV Consultation highlights that Ethiopia’s macroeconomic outturn during 2015/16 has been adversely affected by a severe drought and the weak global environment. As a result, output growth is estimated to have slowed down to 6.5 percent in 2015/16. The slowdown was mitigated by effective and timely policy responses to the drought, and buoyant industrial and services sectors. Over the medium-term, growth is projected to recover to within the 7.3–7.5 percent range, reflecting the growth-oriented reforms envisaged in the recently adopted second Growth and Transformation Plan. Public investment is projected to moderate, while private investment is projected to increase gradually.

Series:

Country Report No. 2016/322

Subject:

Expenditure Exports External debt Imports International trade Public debt Public investment and public-private partnerships (PPP)