This country case study of Ethiopia is one of a series of case-studies have been undertaken as part of an independent evaluation commissioned by the African Development Bank (AfDB) of the AfDB’s Policy Based Operations (PBOs).The general purpose of PBOs is to contribute to AfDB member countries’ economic growth and poverty reduction objectives through supporting policy and institutional reforms. For the AfDB PBOs include balance of payments support, sectoral adjustment lending to support reforms in specific sectors, policy based lending for governance, general budget support and sector budget support. This evaluation has been designed to examine the application of PBOs used by the Bank over the period 1999–2009.
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