This Selected Issues paper assesses the implications of a significant increase in the flow of external financing and grants on real GDP growth in Ethiopia. The paper presents an analysis of the sources of growth during 1991/92a2003/04, as well as an assessment of potential GDP growth. The paper also seeks to assess the historical relationship between foreign aid and the performance of the external sector in Ethiopia to establish whether foreign aid inflows have had an adverse effect on the tradable goods sector in the past.Monetary policy tools of the NBE include (i) reserve and liquidity requirements; (ii ) discount and repo facilities; (iii) ... Under this proclamation, when a claim is not paid within the time stipulated in the contract, banks can sell the collateralized property by auction ... 28 Financial transactions are mostly settled based on papers and manual processing, and cash and checks are the dominant payment medium.
|Title||:||The Federal Democratic Republic of Ethiopia|
|Author||:||International Monetary Fund|
|Publisher||:||International Monetary Fund - 2005-01-28|