IMF, Ethiopia Reach Staff-Level Agreement on First Review of Loan Program
WASHINGTON (Reuters) - International Monetary Fund staff and Ethiopia have reached an agreement on economic policies to ...
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Following forex liberalization Ethiopia set to access IMF’s $345 million
BY YANET FANTAYE WOGAYEHU – As part of the recent four-year US$ 3.4 billion Extended Credit Facility (ECF) arrangement reached between the International Monetary Fund (IMF) and the Government of ...
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IMF Reaches Staff-Level Agreement on the First Review of the Extended Credit Facility for Ethiopia
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 ...
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Impact of Ethiopia’s IMF-backed forex floating on consumer
In addition to the new forex regime, attention is also on the upcoming launch of the Ethiopian Securities Exchange (ESX) ...
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IMF Reaches Staff Agreement on Ethiopia Credit Review
IMF staff and the Ethiopian authorities have reached staff-level agreement on economic policies to conclude the first review of the four-year US$ 3.4 ...
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Outgoing EU ambassador urges Ethiopia to step up in ensuring regional stability
Roland Kobia, head of the European Union delegation to Ethiopia, called for the country to balance the pursuit of its ...
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Where expansion could hit a BRICS wall
Turkey’s formal application last week for membership in BRICS marks a major step forward for a bloc that expanded its ...
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Ethiopians struggle with bitter pill of currency reform
In a small fashion store in Ethiopia's capital, Medanit Woldegebriel's dresses have almost doubled in price in the past two ...
UNCTAD chief calls for permanent sovereign debt restructuring system
The global financial architecture needs a permanent mechanism for restructuring sovereign debt, as measures currently in ...
IMF supports BRICS enlargement
The International Monetary Fund (IMF) has expressed strong support for the expansion of BRICS, with spokesperson Julie Kozack ...
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Where next for HSM’s ‘train of change’?
The first cracks in Ethiopia’s diplomatic relations with Somalia began to appear in May 2022, following Hassan Sheikh Mohamud ...
S&P raises Ethiopia's local currency rating to 'CCC+', maintains foreign currency at 'selective default' rating
Global credit ratings agency S&P raised Ethiopia's long-term local currency rating to "CCC+" on Friday, citing assumption that domestic debt will not fall under the scope of the prospective debt ...