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Impact of coronavirus (COVID-19) on projected budget balance in Ethiopia in 2020 and 2021

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Source

Release date

June 2020

Region

Ethiopia

Survey time period

June 2020

Supplementary notes

Assumptions:
1) Baseline scenario: pandemic subsides in July 2020
2) Worst scenario: pandemic continues to December

Citation formats

Impact of COVID-19 on projected budget balance in Ethiopia 2020-2021

Published by Zeynep Dierks, Sep 23, 2020
As of June 2020, the budget balance in Ethiopia was revised to a deficit of *** percent of the GDP in 2020 and *** percent of the GDP in 2021. The reviewed projection assumed a scenario where the COVID-19 pandemic persists through December 2020. Before the outbreak, a deficit of *** percent of the GDP was forecasted for 2020, while the projected deficit for 2021 was at *** percent of the GDP.
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