{
  "title": "Eritrea 2003 Article IV Consultation Staff Report: 2003 Article IV Consultation—Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Eritrea",
  "publication": "IMF Staff Country Reports, July 1, 2003",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/30/staff-report-fot-the-2003-article-iv-consultation-16627",
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  "summary": "The Eritrean economy continues to be adversely affected by the effects of the border conflict with Ethiopia. In other structural reform areas, the government seems to have further increased state control over the economy.",
  "sections": [
    {
      "heading": "Executive summary",
      "content": "- The Eritrean economy continues to be adversely affected by the effects of the border conflict with Ethiopia.\n- In other structural reform areas, the government seems to have further increased state control over the economy.\n- The authorities confirmed their commitment to strengthen the role of the private sector, but they believed that the sector was not yet ready to take the lead in a number of critical areas.\n- The preparation of a medium-term macroeconomic outlook was beset by a number of difficulties, including, in particular, the lack of timely and reliable data."
    },
    {
      "heading": "Macroeconomic and structural context",
      "content": "- Adverse impact from the border conflict with Ethiopia remains a key constraint on economic performance.\n- Government actions indicate a trend toward increased state control in structural reform areas.\n- Official stance: commitment to strengthen the private sector, tempered by the view that the private sector is not yet ready to lead in several critical domains."
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      "heading": "Analytical challenges",
      "content": "- Developing a medium-term macroeconomic outlook faced significant difficulties.\n- Primary constraint identified: lack of timely and reliable data."
    },
    {
      "heading": "Thematic coverage (as listed)",
      "content": "- Banking\n- External debt\n- Foreign exchange\n- Government debt management\n- Poverty\n- Poverty reduction strategy\n- Public debt\n- Public financial management (PFM)"
    },
    {
      "heading": "Keywords and focus areas",
      "content": "- Africa\n- authorities' effort\n- CR\n- deficit\n- Eritrean authorities\n- financing\n- food inflation\n- government\n- Government debt management\n- ISCR\n- poverty reduction program\n- Poverty reduction strategy\n- track record of policy implementation\n\n---\n\n Content in this bundle\n\n- cr03165\n  - cr03165 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr03165 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: July 1, 2003",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451811964.002",
    "The Eritrean economy continues to be adversely affected by the effects of the border conflict with Ethiopia.",
    "In other structural reform areas, the government seems to have further increased state control over the economy.",
    "The authorities confirmed their commitment to strengthen the role of the private sector, but they believed that the sector was not yet ready to take the lead in a number of critical areas.",
    "The preparation of a medium-term macroeconomic outlook was beset by a number of difficulties, including, in particular, the lack of timely and reliable data.",
    "Adverse impact from the border conflict with Ethiopia remains a key constraint on economic performance.",
    "Government actions indicate a trend toward increased state control in structural reform areas.",
    "Official stance: commitment to strengthen the private sector, tempered by the view that the private sector is not yet ready to lead in several critical domains.",
    "Developing a medium-term macroeconomic outlook faced significant difficulties.",
    "Primary constraint identified: lack of timely and reliable data.",
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    "authorities' effort",
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    "deficit",
    "Eritrean authorities",
    "financing",
    "food inflation",
    "government",
    "ISCR",
    "poverty reduction program",
    "track record of policy implementation",
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