Economic

By IndepthAfrica
In Documents
Jan 24th, 2012
0 Comments
4 Views
COTONOU, Benin, January 24, 2012/African Press Organization (APO)/ — An International Monetary Fund (IMF) mission visited Cotonou during January 9–23, 2012 to conduct discussions on the third review of a program supported by the Extended Credit Facility (ECF), which was approved by the IMF Exec...
By benim
In Analysis
Aug 23rd, 2011
0 Comments
8 Views
As I promised in my July 8 article on “A Case for Ghana Government Reform or Privatization” here is Part II. I am hoping that readers will provide the same constructive criticism or provide meaningful inputs on this follow-up. For those who missed the Part I published in the Feature Article Section o...
By benim
In Egypt
Jun 25th, 2011
0 Comments
2 Views
Cairo – Egypt has withdrawn its loan request to the International Monetary Fund and the World Bank, an adviser to Finance Minister Samir Radwan told AFP on Saturday. “We have decided not to have recourse to loans from the international financial institutions,” Abdelfattah al-Gebali ...
By benim
In Business
Jun 1st, 2011
0 Comments
3 Views
Ethiopia’s economic growth will slow to about 6 percent in the 2011/12 fiscal year due to high inflation, restrictions on private bank lending and a trickier business environment, the International Monetary Fund said. “The principal macroeconomic challenge is surging inflation. While this...
By benim
In Analysis
May 1st, 2011
2 Comments
26 Views
This is a supplement to letter # 2, in which I attempted to convince you that your current path would lead to a dead end. In this one, I try to make a somewhat detailed case why your grand vision of an EPRDF-dominated Ethiopia is destined for failure. “It’s the economy, stupid.”1 Your dream of [&hell...
By benim
In Business
Feb 10th, 2011
5 Comments
3 Views
During the latest parliament session in Addis Ababa, Ethiopian Prime Minister Meles Zenawi suggested his government’s recent market intervention was because Ethiopia’s economy is “on the verge of collapse” and even market fundamentalists would take similar measures when their economies are in danger....