Tuesday, October 03, 2006

allAfrica.com: Ethiopia: Meles Guarantees - No Chance of Hyperinflation (Page 1 of 2)

"Prime Minister Meles Zenawi has boldly said that although the rate of inflation in Ethiopia today is in double digits (nearly 14pc) and more than what his government had accounted for in its five-year plan (seven per cent), there is no chance that it will reach hyperinflation. Hyperinflation is a state of price increase that doubles on a monthly basis."

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