01757cas a2200241 a 4500 AALejournalIMF008966 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451812763 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. The Federal Democratic Republic of Ethiopia : Joint Staff Advisory Note of the Poverty Reduction Strategy Paper; 2003/04 Annual Progress Report. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (8 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper presents a Joint Staff Advisory Note on the Federal Democratic Republic of Ethiopia's Poverty Reduction Strategy. Excessive domestic bank financing of the budget deficit could crowd out the private sector, increase pressure on reserve and inflation targets, and, given the already high levels of domestic debt, increase vulnerability to macroeconomic shocks. Public infrastructure investment recently increased substantially despite the lack of sound cost-benefit analysis. The strong pro-poor emphasis of government expenditure is paying off in terms of improvements in education and provision of health services. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2006/028 Full text available on IMF http://elibrary.imf.org/view/journals/002/2006/028/002.2006.issue-028-en.xml IMF e-Library