Tag Archives: Economic

Concluding Statement by an IMF Mission to Benin

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 … read more »

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Ghana Government reform or privatization Part II

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 … read more »

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Egypt cans request for IMF, World Bank loans

Cairo – Egypt has withdrawn its loan request to the International Monetary Fund and the World Bank, an adviser to Finance Minister Samir Radwan told AFP on Saturday.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 … read more »

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IMF says Ethiopia economy to slow in 2011/12

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. … read more »

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Letter to Ethiopia’s Meles Zenawi from Malkaa Guutuu

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 … read more »

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PM Zenawi suggests Ethiopia’s economy near “Collapse”

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 … read more »

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