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Ethiopia: Recent Economic Developments
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 1999: Issue 098
Language:
English
Publication Date:
14 Sep 1999
DOI:
https://doi.org/10.5089/9781451812626.002
ISBN:
9781451812626
ISSN:
1934-7685
Pages:
99
Keywords:
ISCR; CR; enterprise; government; salary; Ethiopia; nonfinancial enterprise; Ethiopian government wage bill; trade establishment; share company; Derg regime; Civil service; Privatization; Excess liquidity; Exports; Commercial banks; Sub-Saharan Africa; Africa
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This paper reviews economic developments in Ethiopia during 1995–99. It provides an update on macroeconomic performance and structural reforms during FY96–FY99 (fiscal year ended July 7), when Ethiopia—as Africa’s second most populous country and one of the world’s poorest nations—continued to make strides in transitioning to a market-based economy and alleviating widespread poverty. The paper also highlights the major challenges in the areas of financial sector liberalization, civil service reform, and privatization.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund