Macro Analysis /
Ethiopia

Quarterly Macroeconomic Review Second Quarter 2019

    Cepheus Capital Research
    14 August 2019
    The second quarter of 2019 showed a mixed set of developments on the macroeconomic front, with adverse outturns seen in some areas (inflation, exports, continued fx challenges) alongside fairly positive developments with respect to yearend tax collections, private sector credit growth, progress on privatization, and improved debt sustainability indicators.