Jul 29, 2024 · Stagnating incomes in sub-Saharan Africa’s resource-intensive economies necessitate more effective fiscal management and broad-based structural reforms. Find information about The Federal Democratic Republic of Ethiopia and the IMF.

Feb 4, 2025 · This web page provides information on the activities of the Office, views of the IMF staff, and the relations between Ethiopia and the IMF. Additional information can be found on the Ethiopia and IMF country page, including official IMF reports and Executive Board documents in English that deal with Ethiopia.

Jul 29, 2024 · The IMF Board approved an SDR 2.556 billion (about US$3.4 billion) ECF arrangement for Ethiopia. This decision will enable an immediate disbursement equivalent to SDR 766.75 million (about US$1 billion).

2 days ago · Ethiopia is nearing the end of debt restructuring talks under the Group of 20’s Common Framework, according to International Monetary Fund Managing Director Kristalina Georgieva.

Jan 30, 2025 · In its latest country report released on 29 January, 2025, the IMF revealed that the Ethiopian government is “finalizing a directive to streamline and eliminate tax exemptions for imported intermediate inputs for new local and foreign investments.”

Nov 27, 2024 · The IMF has approved $411 million in emergency assistance for Ethiopia to help fight the coronavirus pandemic in the east African country. It also approved Ethiopia’s request for a suspension of debt service payments of about $12 million to the IMF under the IMF's Catastrophe Containment and Relief Trust for…

1 day ago · The IMF chief, who also met with Ethiopian business leaders, said recent reforms are clearly helping to improve the investment climate, and urged Ethiopia to keep up the momentum with an efficient and predictable tax and regulatory environment that will pave the way for strong private sector growth.

Nov 27, 2024 · The Fund announced the staff-level agreement today, stating the formal completion of the review by the IMF Executive Board would give Ethiopia access to financing of about $251 million. The announcement comes a day after the IMF Staff team concluded a five-day visit to Addis Ababa.

2 days ago · In July last year, the IMF approved a 48-month Extended Credit Facility (ECF) for Ethiopia, at about 3.4 billion U.S. dollars, to support Ethiopia's Homegrown Economic Reform Agenda, with the aim of addressing macroeconomic imbalances, restoring external debt sustainability, and laying the foundations for higher, inclusive, and private sector ...

In its social media post, NBE disclosed that the IMF's financial support to Ethiopia, equivalent to an exceptional 850% of quota, stands as the largest concessional funding in IMF history.