The Federal Democratic Republic of Ethiopia : Joint Staff Advisory Note of the Poverty Reduction Strategy Paper; 2003/04 Annual Progress Report.
This paper presents a Joint Staff Advisory Note on the Federal Democratic Republic of Ethiopia's Poverty Reduction Strategy. Excessive domestic bank financing of the budget deficit could crowd out the private sector, increase pressure on reserve and inflation targets, and, given the already hig...
| Corporate Author: | |
|---|---|
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2006.
|
| Series: | IMF Staff Country Reports; Country Report ;
No. 2006/028 |
| Online Access: | Full text available on IMF |
| Summary: | This paper presents a Joint Staff Advisory Note on the Federal Democratic Republic of Ethiopia's Poverty Reduction Strategy. Excessive domestic bank financing of the budget deficit could crowd out the private sector, increase pressure on reserve and inflation targets, and, given the already high levels of domestic debt, increase vulnerability to macroeconomic shocks. Public infrastructure investment recently increased substantially despite the lack of sound cost-benefit analysis. The strong pro-poor emphasis of government expenditure is paying off in terms of improvements in education and provision of health services. |
|---|---|
| Item Description: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Physical Description: | 1 online resource (8 pages) |
| Format: | Mode of access: Internet |
| ISSN: | 1934-7685 |
| Access: | Electronic access restricted to authorized BRAC University faculty, staff and students |