Jul 3rd, 2014
By Temesgen Deressa and Amadou Sy Last month, Moody’s Investors Service assigned a debut sovereign rating of B1 to the government of Ethiopia. A B1 rating is equivalent to a B rating in Fitch Ratings’ scale, which is the agency that rates most African sovereigns. The rating puts Ethiopia on par with ...
Mar 19th, 2013
Government of Ethiopia The Co-Chair of the Donors’ Assistance Group (DAG), a consortium of donors, Geert Geut, told reporters that DAG has appreciated the Ethiopian government’s efforts to reduce poverty. Responding to questions on whether the Government’s Growth and Transformation ...
In East Africa
Dec 19th, 2012
The World Bank launched today (December 19, 2012) Country Partnership Strategy (CPS) for Ethiopia in which the Bank planned to provide 4 billion US dollars to the country for the coming four years supporting its Growth and Transformation Plan (GTP). “One of the key pillars we focused on in the strate...
Nov 7th, 2012
Tsegaye Tegenu Public deficit, trade imbalance, macro-economic instability, food insecurity, structural unemployment, lack of physical infrastructure facilities, changes in the absolute size of the population (adding two million people over the country every year) and the consequent outmigration and ...