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The Federal Democratic Republic of Ethiopia: 2013 Article IV Consultation

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  • International Monetary Fund

Abstract

This 2013 Article IV Consultation highlights that recent macroeconomic developments in The Federal Democratic Republic of Ethiopia are encouraging, with a significant deceleration in inflation and continued robust economic growth. Despite significant decline in coffee prices and supply bottlenecks, growth remains robust, supported by better agriculture output and construction and other services activities. Inflation declined from the peak of 40 percent in July 2011 to about 7 percent in June 2013. This has significantly eased the extent to which real interest rates were negative. Fiscal policy at the general government level remains prudent with cautious execution of the government budget.

Suggested Citation

  • International Monetary Fund, 2013. "The Federal Democratic Republic of Ethiopia: 2013 Article IV Consultation," IMF Staff Country Reports 2013/308, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2013/308
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    Citations

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    Cited by:

    1. Senbet, Dawit & Wodajo, Tadesse, 2017. "Double Digit Economic Growth vs. Social Wellbeing in Ethiopia: A Cross-Country Comparison," African Journal of Economic Review, African Journal of Economic Review, vol. 5(2), July.
    2. Dorosh, Paul & Thurlow, James & Kebede, Frehiwot Worku & Ferede, Tadele & Taffesse, Alemayehu Seyoum, 2018. "Structural change and poverty reduction in Ethiopia: Economy-wide analysis of the evolving role of agriculture," ESSP working papers 123, International Food Policy Research Institute (IFPRI).
    3. Logan Cochrane & Yeshtila W. Bekele, 2018. "Contextualizing Narratives of Economic Growth and Navigating Problematic Data: Economic Trends in Ethiopia (1999–2017)," Economies, MDPI, vol. 6(4), pages 1-16, December.
    4. Nicola Limodio & Francesco Strobbe, 2017. "Bank Deposits and Liquidity Regulation: Evidence from Ethiopia," Working Papers 612, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
    5. Limodio,Nicola & Strobbe,Francesco, 2016. "Financial regulation and government revenue : the effects of a policy change in Ethiopia," Policy Research Working Paper Series 7733, The World Bank.

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