Ethiopia, Recent Economic DevelopmentsInternational Monetary Fund, 1999 |
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الصفحة 19
... treasury bills . Excluding the CBE , the ratio of treasury bills to total bank assets was 0.7 percent . 17 The exception is a floor on the savings deposit rate - currently 6 percent - which continues to be set by the National Bank of ...
... treasury bills . Excluding the CBE , the ratio of treasury bills to total bank assets was 0.7 percent . 17 The exception is a floor on the savings deposit rate - currently 6 percent - which continues to be set by the National Bank of ...
الصفحة 34
... securities precludes banks from quickly liquidating their treasury 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 ...
... securities precludes banks from quickly liquidating their treasury 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 ...
الصفحة 35
600 500 Figure 2. Ethiopia : Biweekly Treasury Bill Auctions , December 13 , 1996 - May 6 , 1999 ( In millions of birr ) 28 - day Treasury Bills 400 300 200 100 ( December 13 ) ( January 15 ) ( February 12 ) 600 500 400 300 200 100 0 ...
600 500 Figure 2. Ethiopia : Biweekly Treasury Bill Auctions , December 13 , 1996 - May 6 , 1999 ( In millions of birr ) 28 - day Treasury Bills 400 300 200 100 ( December 13 ) ( January 15 ) ( February 12 ) 600 500 400 300 200 100 0 ...
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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طبعات أخرى - عرض جميع المقتطفات
عبارات ومصطلحات مألوفة
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 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 maximum 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 reserves and liquidity Retail Price Index September 1998 SOEs Source sub-Saharan Table Tax revenue treasury bills U.S. dollar unless otherwise indicated Wegagen Bank World Bank