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IMF predicts a further downhill GDP growth

Ethiopia’s real GDP growth has dropped from the previous estimation of the International Monetary Fund (IMF). Late this week, IMF published a Regional Economic Outlook...

IMF insists on birr depreciation

The International Monetary Fund (IMF) urge Ethiopia to accelerate the birr depreciation; while the government said it will do that with caution. It has...

IMF approves $411 mln in emergency assistance to Ethiopia

The International Monetary Fund (IMF) executive board approves USD 411 million in emergency assistance to Ethiopia to address the COVID-19 pandemic challenge besides relief...

Gov’t expects $500 mln from IMF as direct budget support

$725 mln fresh supplementary budget from the World Bank The government announced that it has finalized a negotiation with the International Monetary Fund (IMF) to...

IMF forecasts Ethiopia’s debt will decrease significantly

The International Monetary Fund (IMF) forecasts Ethiopia’s public debt will decrease significantly in the current budget year. The IMF Article IV Consultation that evaluates Ethiopia’s...

IMF praises privatization, debt reduction, predicts 8.5% growth

The tone of the IMF’s annual report, which was well known in the past for criticizing the government’s policies; sounded different during its annual...
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