The country is weathering the global economic slowdown better than many of its regional peers, despite the IMF forecasting a dip in global growth from 3.3% in 2023 to 2.8% in 2024.

The Minister acknowledged IMF's technical and financial support, which has been instrumental in advancing Ethiopia’s reform agenda aimed at unlocking the country’s full economic potential by ...

The IMF is supporting Ethiopia’s reform efforts through a four-year $3.4 billion Extended Credit Facility Arrangement. During the 2025 IMF-World Bank Spring Meetings, Mamo Mihretu , Governor of the ...

Ethiopia expects to reach a preliminary agreement on the third review of its $3.4 billion loan programme with the International Monetary Fund early this week and sees formal debt talks with ...

Standard Group Plc HQ Office, The Standard Group Center,Mombasa Road. P.O Box 30080-00100,Nairobi, Kenya. Telephone number: 0203222111, 0719012111 ...

A general view of the skyline of Addis Ababa, Ethiopia November 3, 2021. REUTERS/Tiksa Negeri/File Photo. ... Staff from the IMF visited the country in mid-April for an assessment, ...

IMF Executive Board Completes Third Review under the Extended Credit Facility (ECF) Arrangement for Ethiopia and Concludes the 2025 Article IV Consultation . ... Ethiopia Selected Economic Indicators, ...

Ethiopia's economy will grow slightly faster in the fiscal year that starts next month, while its budget deficit will increase marginally, its finance minister said on Tuesday.

Mr. Ahmed stated that the private sector was crucial for the next chapter of Ethiopia’s growth and development. Consequently, he said, we have “opened up key economic activities to private ...

The IMF’s world trade uncertainty index is currently 7 times higher than it was in October 2024, much higher than in the pandemic. As far as the economy is concerned, this uncertainty is far ...

The World Bank’s Board of Executive Directors today approved a $1 billion Development Policy Operation (DPO) to support Ethiopia’s transition toward a more inclusive and private sector–led growth ...