Ethiopia, Recent Economic DevelopmentsInternational Monetary Fund, 1999 |
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الصفحة 34
... bill holdings . Third , unlike in developed countries , the central bank has not yet found it necessary to create a " discount window " because it sees no need for it when excess liquidity is common , therefore perpetuating the ...
... bill holdings . Third , unlike in developed countries , the central bank has not yet found it necessary to create a " discount window " because it sees no need for it when excess liquidity is common , therefore perpetuating the ...
الصفحة 35
Figure 2. Ethiopia : Biweekly Treasury Bill Auctions , December 13 , 1996 - May 6 , 1999 ( December 13 ) ( January ... Bills 400 300 200 100 600 500 400 300 200 100 0 600 500 400 300 200 100 0 ( March 12 ) ( April 9 ) ( May 7 ) ( March ...
Figure 2. Ethiopia : Biweekly Treasury Bill Auctions , December 13 , 1996 - May 6 , 1999 ( December 13 ) ( January ... Bills 400 300 200 100 600 500 400 300 200 100 0 600 500 400 300 200 100 0 ( March 12 ) ( April 9 ) ( May 7 ) ( March ...
الصفحة 42
... bill and the top 10 percent received 11 percent ; after the increase , the share of the bottom 70 percent would have ... bill . As in - kind benefits in Uganda were monetized and included in wages in 1996 , the wage structure became less ...
... bill and the top 10 percent received 11 percent ; after the increase , the share of the bottom 70 percent would have ... bill . As in - kind benefits in Uganda were monetized and included in wages in 1996 , the wage structure became less ...
المحتوى
Approved by the African Department | 2 |
Excess Liquidity and Credit Extension to the Private Sector | 23 |
Civil Service Reform in Ethiopia | 39 |
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عبارات ومصطلحات مألوفة
Addis Ababa Agriculture Annual percentage change auction average Awash International Bank Bank of Ethiopia banking system civil servants Commercial Bank Current expenditure Dashen Bank data pertain debt December December 13 Derg regime divestiture Djibouti Economic employment end of period ended July Estimate In millions Ethiopian Airlines Ethiopian authorities excess liquidity excess reserves exchange rate exempted financial sector Fiscal year ended foreign exchange Fund staff estimates growth Implementation phase imports income increase investment July 1-June 30 July July July Lending minimum loans macroeconomic March millions of birr Monetary National Bank nonfactor services Nontax revenue Operational payments percent of GDP percent of total period July 1-June period July 8-July phase of privatization private sector Privatization receipts Proclamation production ratio reserves and liquidity Retail Price Index September 1998 SOEs Source state-owned sub-Saharan Table Tax revenue treasury bills U.S. dollar unless otherwise indicated Wegagen Bank World Bank