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Ethiopia’s interregional fiscal arrangements entail a sizable redistribution of resources. They help the objective of income redistribution and equity, as well as providing partial insurance against ...
This Selected Issues Paper reviews Ethiopia’s transition to an interest-rate based monetary framework. For this framework to be effective, monetary transmission—the process through which policy rate ...
The International Monetary Fund (IMF) has cautioned Ethiopia that its reform program under a $3.4 billion Extended Credit Facility (ECF) arrangement is facing mounting risks due to declining foreign ...
Foreign aid to Ethiopia has fallen from 12% of gross domestic product a decade ago to under 4%, with further cuts anticipated as agencies like USAID scale back. The IMF noted that one in five ...
The executive board of the International Monetary Fund has approved the third review of Ethiopia's $3.4 billion loan programme, the IMF said on Wednesday, unlocking access to $262.3 million in ...
The IMF praised the government for implementing a series of changes including tax reforms and subsidy cuts, but warned of mounting obstacles.
Economics Ethiopia Clears IMF Loan Review to Unlock $340.7 Million Payment Ethiopia agreed $3.4 billion four-year finance package in July An IMF program was prerequisite to debt restructuring talks ...
As Ethiopia navigates one of the most ambitious economic reform programs in its recent history, the International Monetary Fund (IMF) has reaffirmed its support and cautious optimism about the country ...
Ethiopia is using the Group of 20’s Common Framework guidelines to restructure its external debt, which includes $12.4 billion owed to other countries. Under the framework, the IMF’s debt ...
F or the past couple of years much of Addis Ababa, Ethiopia’s capital, was reduced to rubble by demolitions. Now luxury apartments, parks and cycle lanes are rising from the ruins. Abiy Ahmed, ...
NAIROBI (Reuters) - The International Monetary Fund has raised Ethiopia's net international reserves target to facilitate payments of upcoming hard currency bills, the Fund said. The East African ...
IMF approves $341 million for Ethiopia's first loan program review By Reuters October 18, 20243:53 PM PDTUpdated October 18, 2024 ...