Showing posts with label Central Bank. Show all posts
Showing posts with label Central Bank. Show all posts

Wednesday, July 18, 2018

Ethiopia: Deficits, Debt, and Inflation

The Ethiopia Observer published on 16 July 2018 an article titled "Expanding Ethiopia Needs to Control Runaway Deficit, Debt and Inflation" by Abdulmenan Mohammed, a professional auditor.

The author concluded that Ethiopia's economic growth of the past decade has mainly been driven by an expansionary fiscal policy that is looking increasingly unsustainable.

Wednesday, November 13, 2013

Governor of Somali Central Bank Resigns

The governor of Somalia's Central Bank, Yussur A.F. Abrar, resigned effective 30 October 2013.  While Abrar's letter of resignation offers only one side of this issue, it is not a good omen for financial integrity within the Federal Republic of Somalia.