Regulatory Alerts2023-07-04
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Monthly Macroeconomic Indicators for October 2009
The document reports macroeconomic indicators for Ethiopia in October 2009, noting annual headline inflation at -3.7 percent and core inflation at 14.8 percent. Broad money supply (M2) reached Birr 87.6 billion with a 21.9 percent annual growth rate, while average lending rates stood at 9.0 percent for public banks and 12.25 percent for private banks. Treasury bills worth Birr 2.1 billion were supplied, and the average foreign exchange rate reached Birr 12.5522 per USD. The financial sector comprised 15 banks, 12 insurance companies, and 30 microfinance institutions, with total new loans disbursed amounting to Birr 2.8 billion.
Topics
monetary
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