Subdued Ethiopian Import Demand Will See Deficit Narrow
Country Risk / Ethiopia / Fri 27 Jul, 2018
- While low coffee prices will subdue overall export receipts, increased production of electricity, leather products and other agricultural goods will see export growth remain positive.
- Owing to the devaluation of the birr in October 2017, import demand is likely to be somewhat subdued given the increased price of consumer and capital goods in