• Former central bank governor says public investment-led growth delivered expansion but left behind FX shortages, inflation, debt stress and financial-sector risks Ethiopia’s former central bank governor, Mamo Mihretu, has offered one of the bluntest insider assessments yet of the country’s old development model, saying the public investment-led growth strategy that powered years of rapid expansion […]
    Former central bank governor says public investment-led growth delivered expansion but left behind FX shortages, inflation, debt stress and financial-sector risks Ethiopia’s former central bank governor, Mamo Mihretu, has offered one of the bluntest insider assessments yet of the country’s old development model, saying the public investment-led growth strategy that powered years of rapid expansion […]
    BIRRMETRICS.COM
    Mamo Mihretu Says Ethiopia’s Old Growth Model Created the Crisis FX Reform Had to Fix
    Former central bank governor says public investment-led growth delivered expansion but left behind FX shortages, inflation, debt stress and financial-sector
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