IMF Severely Slams Zenawi’s Five Year GTP

Zenawi’s infamous ‘GTP lacks feasible financial and implementation planning and adequate prioritization of targets’: IMF

By The Reporter,

The International Monetary Fund (IMF) has severely criticized the five-year Growth and Transformation Plan (GTP), which was announced in October, 2010, for its ‘lack of feasible financial and implementation planning and adequate prioritization of targets in the plan.’

Following the staff visit to Ethiopia, it was to be remembered that the Fund had criticized government’s lax monetary policy management as the cause for persistent inflationary pressure in the economy. Nevertheless, the full assessment of the country’s growth road map appears to be worse than the monetary aspect. Continue reading

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IMF Severely Slams Zenawi’s Five Year GTP

Zenawi’s infamous ‘GTP lacks feasible financial and implementation planning and adequate prioritization of targets’: IMF

By The Reporter,

The International Monetary Fund (IMF) has severely criticized the five-year Growth and Transformation Plan (GTP), which was announced in October, 2010, for its ‘lack of feasible financial and implementation planning and adequate prioritization of targets in the plan.’

Following the staff visit to Ethiopia, it was to be remembered that the Fund had criticized government’s lax monetary policy management as the cause for persistent inflationary pressure in the economy. Nevertheless, the full assessment of the country’s growth road map appears to be worse than the monetary aspect. Continue reading

IMF Severely Slams Zenawi’s Five Year GTP

Zenawi’s infamous ‘GTP lacks feasible financial and implementation planning and adequate prioritization of targets’: IMF

By The Reporter,

The International Monetary Fund (IMF) has severely criticized the five-year Growth and Transformation Plan (GTP), which was announced in October, 2010, for its ‘lack of feasible financial and implementation planning and adequate prioritization of targets in the plan.’

Following the staff visit to Ethiopia, it was to be remembered that the Fund had criticized government’s lax monetary policy management as the cause for persistent inflationary pressure in the economy. Nevertheless, the full assessment of the country’s growth road map appears to be worse than the monetary aspect. Continue reading

UN Body Demands Urgent Answers to its Calls From Ethiopia over Gibe III Dam

The Kwegu are one of the tribes threatened by the Gibe III dam in Ethiopia's Omo valley

By Survival International,

The UN’s growing concern over Ethiopia’s construction of the controversial Gibe III dam has prompted it to demand urgent information from the African state.

The Committee on the Elimination of Racial Discrimination (CERD) has given Ethiopia until the end of January 2012 to provide reliable evidence that independent assessments have been carried out, and that tribal people in the region have been properly consulted.

The UN body has written to Ethiopia with its concerns under its ‘early warning and urgent action procedure’. It has appealed for ‘constructive dialogue’ but noted how previous requests from the UN’s Special Rapporteur on indigenous rights had been ignored. Continue reading

UN Body Demands Urgent Answers to its Calls From Ethiopia over Gibe III Dam

The Kwegu are one of the tribes threatened by the Gibe III dam in Ethiopia's Omo valley

By Survival International,

The UN’s growing concern over Ethiopia’s construction of the controversial Gibe III dam has prompted it to demand urgent information from the African state.

The Committee on the Elimination of Racial Discrimination (CERD) has given Ethiopia until the end of January 2012 to provide reliable evidence that independent assessments have been carried out, and that tribal people in the region have been properly consulted.

The UN body has written to Ethiopia with its concerns under its ‘early warning and urgent action procedure’. It has appealed for ‘constructive dialogue’ but noted how previous requests from the UN’s Special Rapporteur on indigenous rights had been ignored. Continue reading

UN Body Demands Urgent Answers to its Calls From Ethiopia over Gibe III Dam

The Kwegu are one of the tribes threatened by the Gibe III dam in Ethiopia's Omo valley

By Survival International,

The UN’s growing concern over Ethiopia’s construction of the controversial Gibe III dam has prompted it to demand urgent information from the African state.

The Committee on the Elimination of Racial Discrimination (CERD) has given Ethiopia until the end of January 2012 to provide reliable evidence that independent assessments have been carried out, and that tribal people in the region have been properly consulted.

The UN body has written to Ethiopia with its concerns under its ‘early warning and urgent action procedure’. It has appealed for ‘constructive dialogue’ but noted how previous requests from the UN’s Special Rapporteur on indigenous rights had been ignored. Continue reading