Tag Archives: IMF Rejects Ethiopia GDP Claim

Ethiopia and IMF Disagree on GDP Figures

Ethiopia's falsified yearbound GDP growth defies not only economic realities but also common sense
Ethiopia’s bogus GDP growth defies not only economic realities but also common sense

By TesfaNews,

After cooking the books for the past several years to make hyperbolic claims of economic growth, the Ethiopian government finds itself, again, at odds with the International Monetary Fund over this year’s projected GDP growth figures.

The IMF says Ethiopia’s economy will grow by 6.5 percent in 2013 while the government insisted a double-digit 10 percent based on, of course, fabricated and massaged GDP statistics.  Continue reading Ethiopia and IMF Disagree on GDP Figures