Monday, January 21, 2019
Outlook for Ethiopia's economic reforms.
Prime Minister Abiy Ahmed has taken advantage of political goodwill following his election to consolidate difficult policies correcting macroeconomic imbalances. Inflation is expected to continue falling despite a late-2017 currency devaluation, as will debt and the fiscal deficit. However, this will be balanced by slower GDP growth, reflecting a sharp drop-off in public investments and a still-emerging private sector.