Ethiopië 

Ethiopië landenbeleid

Beleid vastgesteld op 13 juli 1998

• Er is een landenplafond van 80 mln euro van kracht
• Het signaleringsplafond is 30 mln euro
• Voor overheidskopers: minimale concessionaliteitseis van toepassing.
• Particuliere kopers: SIF faciliteit, mits koper deviezen genererend

Landenklasse: 7

Restricties

• Speciale voorwaarden, raadpleeg uw account manager

Ethiopië landenrapport

Atradius DSB Economic Research

Country Report last updated :  14h February 2008

Country :  ETHIOPIA 

Political Situation
Relatively Stable Despite Widespread DISCONTENT

Head of state
President Girma Woldegiorgis (since 2001, reelected in October 2007)

Form of government
Coalition government of the EPRDF, a party dominated by the Tigaraye tribe. Public administration based on ethnic federalism and highly decentralized.

Member of
IMF, IBRD, UN, AfDB, AU, Comesa

Internal Economic Situation :   High Growth  

General situation
Ethiopia’s economy consists mainly of subsistence agriculture. Coffee and livestock are the most important export products. Droughts, soil degradation and the prohibition to own land hinder the development of more intensive agriculture. Due to the heavy reliance on agriculture the weather conditions are decisive for economic growth. Ethiopia’s lack of ports and bad infrastructure are other obstacles for development. The harvest of 2005/2006 was exceptionally good due to good rainfall, resulting is GDP growth of 7.5%. The country is also very dependant on foreign aid. Investment climate is poor, due to an incompetent judicial system, lots of red tape and corruption. Ethiopia is strongly dependant on foreign aid. It currently receives $1.9 billion per year. Financial sector is shallow but well-capitalized, profitable and liquid. However state-owned banks suffer from NPL’s (22%).

External Economic Situation
Very Weak

Main sources of foreign exchange
Coffee

Main foreign markets
EU (28%), Djibouti (13%), Japan (8%)

Main expenses of foreign exchange
food, petroleum, capital goods, chemicals