Eritrea: Selected Issues

October 31, 1997

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Format: Chicago

Eritrea: Selected Issues, (USA: International Monetary Fund, 1997) accessed September 27, 2024

Summary

This Selected Issues paper examines the impact of relief and reconstruction expenditures in Eritrea on the fiscal profile. The paper discusses the principle categories of extraordinary expenditures, which the authorities have undertaken during 1993–96 for relief and reconstruction purposes. It analyzes developments and reforms in the financial system. The paper highlights that Eritrea’s financial system has undergone considerable reform through the mid-1990s, but remains rudimentary and concentrated, and is still largely owned and controlled by the state.

Subject: Banking, Capital spending, Commercial banks, Credit, Currencies, Expenditure, Financial institutions, Foreign exchange, Money

Keywords: Capital spending, Central bank, Commercial banks, CR, Currencies, Eritrean government, Europe, Exchange rate, Financial system, Foreign exchange, Government, Government enterprise, Government institution, Government operation, Government recourse, ISCR, Monetary policy, North America, Private sector

Publication Details

Pages:

72
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1997/088
Stock No:

1ERIEA0011997
ISBN:

9781451811933
ISSN:

1934-7685

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