Jul 7th, 2014
Panganai Kahuni THE question of the local currency has remained in the country’s discourse since the introduction of the multiple currency regime in 2009. The prevailing sentiment in academia and among economists, however, seems to be one against the reintroduction of the Zimbabwe dollar, with the no...
Feb 11th, 2013
Compared to the pre-revised 1999/2000 base year, gross domestic product (GDP) estimates based on the new base year has shown changes where GDP level has decreased by close to one percent from 511.2 billion Br to 506.6 billion Br in 2011/12 fiscal year. Dogged by questions on the credibility of its da...
Jan 31st, 2012
TRIPOLI, Libya, January 31, 2012/African Press Organization (APO)/ — Libya—Concluding Statement of the 2012 Staff Visit January 26, 2012 I. Overview 1. The mission is grateful to the Libyan authorities for their hospitality, collaboration and valuable input during technical and policy discussio...
Jan 24th, 2012
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...
Feb 10th, 2011
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....