The Federal Democratic Republic of Ethiopia: Selected Issues and Statistical Appendix
IMF Staff Country Reports, May 5, 2006
Source details
- Canonical URL
- The Federal Democratic Republic of Ethiopia: Selected Issues and Statistical Appendix
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Bibliographic details
- Published: May 5, 2006
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451812770.002
Key findings and analysis
- Accelerating private sector development is identified as the key to increasing and sustaining growth, and providing employment opportunities to raise incomes.
- Private sector development remains in its infancy, reflecting the slow transition to a market economy.
- The contribution of industry to GDP has not changed significantly.
- The World Bank has identified key areas to improve the investment climate, including:
- deeper financial sector reform
- acceleration of the privatization program
Policy recommendations
- Prioritize measures to accelerate private sector development to boost growth and employment.
- Implement deeper financial sector reforms to improve access to finance and mobilize private investment.
- Accelerate the privatization program to foster a more dynamic market-oriented economy.
Subject coverage and keywords
- Subject: Domestic debt, Expenditure, Fiscal policy, Infrastructure, National accounts, Public debt, Public investment spending
- Keywords: Africa, balance of payments, CR, debt management, debt service, Domestic debt, East Africa, excess reserves, expenditure composition, factor cost, financing, financing needs, financing path, GDP, Infrastructure, ISCR, MDG scenario, MDG Synthesis Report, Public investment spending, Sub-Saharan Africa