Ethiopian Economy Archives

Ethiopia’s Macroeconomic Imbalances Evolving into Critical Crises

November 16, 2019TesfaNewsLeave a Comment

BY BIRHANU FIKADE | THE REPORTER The coming of Prime Minister Abiy Ahmed to power has been marred with critical political, economic and social pitfalls. His measures in relaxing the stifling leadership style of the ruling Ethiopian Peoples’ Revolutionary Democratic Front (EPRDF) likewise stimulated many to come out and speak.

Economist Warn Ethiopia’s Overstretched Economy Risks Collapse

March 28, 2016March 28, 2016TesfaNews112 Comments

By Andualem Sisay | for Africa Review, The Ethiopian government’s growing reliance on foreign loans is posing a serious risk of economic collapse, a paper presented Friday by a renowned local economist says. “Take for instance China, which has loaned over $17 billion to the Ethiopian government for infrastructure projects. Our total investment is 40 […]

Ethiopia and IMF Disagree on GDP Figures

January 15, 2013November 15, 2014TesfaNews8 Comments

By TesfaNews, After cooking the books for the past several years to make hyperbolic claims of economic growth, the Ethiopian government finds itself, again, at odds with the International Monetary Fund over this year’s projected GDP growth figures. The IMF says Ethiopia’s economy will grow by 6.5 percent in 2013 while the government insisted a […]