Ethiopia needs to rebalance after investment boom – IMF Africa chief

Addis Ababa
Ninaras / Wikimedia

Ethiopia has made “fundamental progress” in developing its economy, but a boom in investment has come with growing imbalances, the International Monetary Fund’s Africa chief said on July 18.

In terms of GDP growth and several other development indicators, Ethiopia has been ahead of most of sub-Saharan Africa, Abebe Aemro Selassie said during remarks in Addis Ababa. Growth averaged 9.5% from 2010–18, compared with 5.9% across a group of similar economies in the region.

Selassie said Ethiopia

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: