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Title The Federal Democratic Republic of Ethiopia : 2016 article IV consultation; press release; staff report; and statement by the Executive Director for the Federal Democratic Republic of Ethiopia
Published Washington, D.C. : International Monetary Fund, 2016
©2016

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Description 1 online resource (70 pages) : color illustrations
Series IMF Country Reports ; no. 16/322
IMF country report ; no. 16/322.
Summary The newly issued five-year second Growth and Transformation Plan (GTP II) envisages continued high growth and public infrastructure investment, while placing a greater emphasis on private sector development and foreign direct investment (FDI), competitiveness, and export-oriented industrialization. A major drought and deterioration of the external environment resulted in a 2015/16 growth slowdown to an estimated 6.5 percent. Stability-oriented macroeconomic policies and effective policy responses, including food imports, to mitigate the drought's social costs kept inflation low and the budget deficit on target. The current account, however, posted for a second year a deficit above 10 percent of GDP
Notes "October 2016."
Bibliography Includes bibliographical references
Notes Description based on online resource; title from pdf title page (IMF.org website, viewed October 26, 2016)
Subject International Monetary Fund -- Ethiopia
SUBJECT International Monetary Fund fast
Subject Debts, External -- Ethiopia
Economic development -- Ethiopia
Foreign exchange rates -- Ethiopia
Structural adjustment (Economic policy) -- Ethiopia
Debts, External
Economic development
Economic history
Economic policy
Foreign exchange rates
Structural adjustment (Economic policy)
SUBJECT Ethiopia -- Economic conditions. http://id.loc.gov/authorities/subjects/sh85045133
Ethiopia -- Economic policy
Subject Ethiopia
Form Electronic book
Author International Monetary Fund, issuing body.
ISBN 1475543646
9781475543643
ISSN 1934-7685
Other Titles Democratic Republic of Ethiopia, 2016 Article IV consultation