Eritrea: Recent Economic Developments

August 26, 1996

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Eritrea: Recent Economic Developments, (USA: International Monetary Fund, 1996) accessed September 19, 2024

Summary

This paper describes economic developments and reforms in Eritrea during the 1990s. The paper highlights that the government’s main economic objectives were to promote high and sustainable economic growth and thereby increase per capita income, create employment opportunities, and attain a sustainable external position over the medium term. The paper discusses the developments in domestic production, prices, and the structural reforms undertaken in Eritrea. Developments in public sector finances are covered, and monetary developments and financial sector reform efforts are also summarized.

Subject: Banking, Commercial banks, Credit, Exports, Financial institutions, Foreign exchange, Imports, International trade, Money

Keywords: Africa, Balance of payments, Banking system, Broad money, Commercial banks, CR, Credit, Enterprise, Europe, Exchange rate, Expenditure priority, Exports, Foreign exchange, Government, Government institution, Government stance, Growth strategy, Imports, ISCR, Monetary policy, Price control, Private sector, State farm, Sub-Saharan Africa, The Government

Publication Details

Pages:

76
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1996/066
Stock No:

1ERIEA0011996
ISBN:

9781451811926
ISSN:

1934-7685

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