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interest rate policy

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Background

Africa

Ethiopia’s bold economic reforms target stability and growth, but they come with risks

  By Tsegay Tekleselassie, Wellesley College   Ethiopia’s recent macroeconomic reforms, supported by the International Monetary Fund (IMF) and the World Bank, could have profound implications for the country and the region. The key reforms include the use of a floating exchange rate system and of interest rates as a policy tool. They were introduced just ahead of the approval of a financial package that could eventually amount to about […]

todayAugust 19, 2024 16

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