Ethiopia, Recent Economic Developments

Addis Ababa Agriculture Annual percentage change auction average Awash International Bank Bank of Abyssinia Bank of Ethiopia banking system civil servants Commercial Bank current deposits 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 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 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 Table Tax revenue treasury bills U.S. dollar unless otherwise indicated Wegagen Bank World Bank