Regulatory Alerts2023-07-04
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Monthly Macroeconomic Indicators for March 2010
The document reports macroeconomic data for Ethiopia in March 2010, including year-on-year headline inflation of 7.4 percent and core inflation of 20.4 percent. Broad money supply (M2) reached Birr 96.1 billion, reflecting a 19.2 percent annual growth rate driven by increases in net foreign assets and domestic credit. Average lending rates stood at 9.0 percent for public banks and 12.25 percent for private banks, while the average foreign exchange rate reached Birr 13.38 per USD. The report also details Treasury bill yields, banking operations showing Birr 2.9 billion in new loans disbursed, and a total of 15 banks, 12 insurance companies, and 30 microfinance institutions operating in the financial sector.
Topics
monetary
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