Eritrea: Selected Issues and Statistical Appendix

Author: International Monetary Fund

Volume/Issue: Volume 2003 Issue 166

Publication date: June 2003

ISBN: 9781451811971

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Exports and Imports , Economics- Macroeconomics , Public Finance , ISCR , CR , exchange rate , government , foreign exchange market , policy design , market development , monetary management , policy objective , determinants of inflation , nominal exchange rate , monetary policy in Eritrea , Exchange rates , Fiscal sustainability

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Summary

This Selected Issues paper and Statistical Appendix examines the sustainability of the public finances in Eritrea. The paper analyzes monetary policy and management. It points out that the period since gaining independence in 1993 has not been long enough for the authorities in Eritrea to gain a full understanding of the functioning of the economy and develop the necessary skills and expertise to successfully implement the complex mix of economic, financial, and development policies needed to strengthen growth and reduce poverty. The paper also analyzes the determinants of inflation in Eritrea.