Ethiopian economy – New Business Ethiopia

Ethiopia gets over $3 billion external financing

February 9, 2019February 21, 2019 newbusinessethiopia

The government has secured 85.629 billion birr (around $3.1 billion) external financing in the first six months of its current fiscal year started July 8, 2028.

What makes IMF optimistic about Ethiopian economy

January 26, 2019January 26, 2019 newbusinessethiopia

Last month the International Monetary Fund (IMF) has reflected its opinion on the past, current and future of Ethiopian economy.

Why Ethiopia retains developmental state model but changes tactics

January 23, 2019January 23, 2019 newbusinessethiopia

Though the Government of Ethiopia is likely to continue its developmental state model, the country is signaling tactic shifts which includes from public to private activities, from capital to current spending, and from debt to equity, a new report reveals.

Ethiopia PM calls on Diaspora to set up trust fund

July 8, 2018July 9, 2018 newbusinessethiopia

The reformist Prime Minister of Ethiopia, Dr. Abiy Ahmed proposed the establishment of Ethiopian diaspora trust fund calling on Ethiopians living abroad to contribute a dollar a day.

Food insecurity in Ethiopia leads to inflation rise – report

March 8, 2017March 6, 2019 NBE

Ethiopia will experience a resurgence in inflation over 2017 as food insecurity increases on the back of erratic rainfall, says new report by BMI. Strong money supply growth will also drive inflationary pressures upwards over the year ahead.