IMF Executive Board Approves Four-Year US$3.4 billion Extended …
WEBJul 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 billion).
IMF, Ethiopia reach staff-level agreement on first review of loan ...
WEB1 day ago · International Monetary Fund staff and Ethiopia have reached an agreement on economic policies to conclude the first review of a four-year $3.4 billion loan arrangement, the IMF said on Friday.
IMF Reaches Staff-Level Agreement on the First Review of the …
WEB1 day ago · A staff team from the International Monetary Fund (IMF) led by Mr. Alvaro Piris, visited Addis Ababa from September 17 to 26, 2024, to discuss progress on reforms and the authorities’ policy priorities in the context of the first review of Ethiopia’s economic program supported by the IMF’s Extended Credit Facility (ECF).
IMF, Ethiopia reach deal for $3.4 billion in financing | Reuters
WEBJul 29, 2024 · Ethiopia has secured an agreement with the International Monetary Fund for a new financing program worth $3.4 billion, the IMF said on Monday.
IMF-Ethiopia bailout: $3.4bn agreed in 'landmark' deal - BBC
WEBJul 30, 2024 · The International Monetary Fund (IMF) has approved a bailout of $3.4bn (£2.6bn) for Ethiopia to support its economic reforms over the next four years. The Horn of Africa nation has been...
IMF Staff Concludes Mission to Ethiopia
WEBApr 2, 2024 · An International Monetary Fund (IMF) staff team led by Mr. Alvaro Piris visited Addis Ababa from March 19 to April 2, 2024, to hold discussions on the authorities’ request for IMF support for their reform program.
Ethiopia Bonds Jump After IMF Approves $3.4 Billion Program - Bloomberg.com
WEBJul 29, 2024 · Ethiopia’s defaulted international bond jumped after the International Monetary Fund agreed to lend the country $3.4 billion over four years as part of an economic reform program, a key step ...
Ethiopia Wins Financing Assurances Key for New IMF Loan
WEBJul 18, 2024 · Ethiopia’s official creditors have granted financing assurances to the country to help fast-track approval of a new loan by the International Monetary Fund’s executive board, according to ...
IMF and Ethiopia Reach Preliminary Agreement on $3.4 Billion …
WEB1 day ago · In a statement released by the IMF, the organization confirmed that it has agreed to provide Ethiopia with $3.4 billion over four years as part of this arrangement. Under the terms of the agreement, Ethiopia will receive an initial disbursement of approximately $345 million once the IMF’s Executive Board officially approves the deal.
News: IMF, Ethiopia reach staff-level agreement on first review of …
WEB1 day ago · Latest News. IMF, Ethiopia reach staff-level agreement on first review of $3.4 billion ECF program; Ethiopian FM rejects Somalia’s ‘unfounded allegations’ at UN, warns of ‘recent manoeuvres’ by external actors; Three civilians killed in West Wollega’s Begi, Kondala districts; families blame ‘government forces’ for the deaths