Fitch Ratings: Ethiopia – Rapid Progress, Strong Potential

Fitch Ratings-London-13 May 2014: Following the publication of its new sovereign rating for Ethiopia (B/Stable) on 9 May, Fitch Ratings has published a full rating report and a special report which provide more detail about the country, its credit picture and rating drivers.

The full rating report analyses Ethiopia’s strengths and weakness compared with its rating category, based on the analysis of the four key elements in Fitch’s sovereign rating criteria: structural features, macroeconomic performance, public finances and external finances. The special report, entitled ‘Ethiopia: Rapid Progress, Strong Potential‘ focuses on the progress achieved so far in terms of development and economic performance as well as future potential and the challenges ahead.

The reports are available at www.fitchratings.com.

Contact:
Amelie Roux
Director
+33 144 299 282
Fitch France SAS
60 rue de Monceau
75008 Paris

Richard Fox
Senior Director
+44 20 3530 1444

Media Relations: Peter Fitzpatrick, London, Tel: +44 20 3530 1103, Email: peter.fitzpatrick@fitchratings.com.

Additional information is available on www.fitchratings.com