Economy / Ethiopia
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Macroeconomic Forecast Ethiopia
June 2008 | Macroeconomic ForecastsSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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BMI View: We expect continued deterioration of Ethiopia's fiscal position toward 2009 due to heavy military spending and inadequate tax collection. By 2009 the fiscal deficit should reach ETB9.3bn and equate to 4.2% of GDP.