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) is urging the Ethiopian government to remove exchange rate restrictions on capital account transactions—restrictions it ...

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 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 ...

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 ...

This Selected Issues Paper reviews Ethiopia’s tax system, highlighting its persistently low tax-to-GDP ratio despite sustained economic growth. It benchmarks Ethiopia’s revenue performance against ...

F or the past couple of years much of Addis Ababa, Ethiopia’s capital, was reduced to rubble by demolitions. Now luxury ...

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 ...

During the two-day visit, the first to Ethiopia since Georgieva took over as IMF managing director in 2019, she will meet Prime Minister Abiy Ahmed and senior officials "to discuss Ethiopia's ...

WASHINGTON (Reuters) - The executive board of the International Monetary Fund on Friday approved the second review of Ethiopia's current financing program, the fund said, paving the way for a ...

Tensions in the Horn of Africa have risen sharply this month, with top leaders in Ethiopia, Eritrea, and the Tigray region ...

The head of the International Monetary Fund (IMF), Kristalina Georgieva, will travel to Ethiopia on February 8 and 9 as the country presses on with its major revamp of the economy.