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Ethiopia

Abebe Aemro Selassie


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Two days that changed nothing

Abebe Aemro Selassie Director of the IMF's African Department said 'We look forward to the presentation of the government's home-grown economic strategy and will be assessing in the coming weeks how the IMF could support the authorities' reform efforts through a possible Fund programme...


Pandemics stunt your growth

Africa's numerous security crises likewise represent another downside risk including the wave of #EndSARS anti-police brutality protests in Nigeria which IMF Africa department director Abebe Selassie concedes might lead to a revision of Nigeria's already disappointing outlook...

3bn (over $16bn in SSA) with – according to the IMF's Africa department director Abebe Selassie – more such financing potentially to come...


Doubts over post-slump bounce

So far there are few signs that African policymakers will use the crisis to make major structural reforms or as IMF Africa Department director Abebe Selassie now suggests 'rethink their development models' to focus on production and jobs...


Up against the slowdown

The differentiated nature of Africa's growth according to IMF Africa department director Abebe Selassie means that non-resource economies growing – at around 6% – almost three times faster than the resource economies' average implies that several economies could register much faster improvements in living standards should this growth be persistent and be accompanied by strong job creation...


Struggling to keep pace

That works out at less than one percentage point in per-capita terms at a time when the IMF's African Department director Abebe Selassie has warned that hoped-for future per-capita growth of approximately 1...


Diversification or bust

On the previous day Zeufack's IMF counterpart Africa Director Abebe Aemro Selassie said that the slump was worsened by tougher access to finance and a 'much delayed and incomplete' policy response by African governments to the economic shocks...


Displaying 1-8 out of 8 results.