This is a quick take of the IMF’s 6.1% Gdp growth projection for 2023. Two days ago, the Managing Director of the IMF, Kristalina Georgieva, tweeted the following: “Excellent meeting with the Ethiopian delegation, @MoF_Ethiopia and @NBEthiopia. Impressed by their determination to advance Ethiopia’s homegrown economic reform agenda. Discussed how the IMF can support.” According to the IMF, at the beginning of this year, the projection for inflation for 2023 was 28.6%. Today, it is 29.1%. The government’s promise to curb the nation’s runaway inflation has failed. The reality is that inflation is increasing, not decreasing. Similarly, at the beginning of … Continue reading IMF 6.1% GDP Growth Projection for Ethiopia for 2023 is Bad Fiction