YEAR SUCCESSIVE GROWTH HAD BROUGHT OVER ETHIOPIA'S BALANCE OF PAYMENTS. HE VIEWED THESE AS TO BE EXPECTED IN TIME OF GROWTH THROUGH DEFICIT FINANCING, "WITHIN THE LIMIT OF OUR RESOURCES." HE DISCLOSED THAT THE NATIONAL BANK OF ETHIOPIA (CENTRAL BANK) HAS A NET RESERVE OF 1.2 BILLION US DOLLARS AT PRESENT.
