Ethiopia is advancing debt restructuring negotiations with creditor countries in an effort to secure $3.5 billion in debt relief, Minister of Finance Ahmed Shide told lawmakers on Tuesday.Addressing ...

Washington, DC: The Executive Board of the International Monetary Fund (IMF) approved a four-year arrangement under the Extended Credit Facility (ECF) for Ethiopia in an amount equivalent to SDR 2.556 ...

The deteriorating situation in Africa’s second-most populous nation makes it all the more shocking that leaders of the International Monetary Fund (IMF) just approved a four-year, $3.4 billion ...

Ethiopia and the International Monetary Fund have reached a staff-level agreement on the third review of the country's $3.4 billion loan programme from the lender, the Fund said on Friday.

WASHINGTON (Reuters) - Ethiopia has secured an agreement with the International Monetary Fund for a new financing program worth $3.4 billion, the IMF said on Monday.

The African Development Bank (AfDB) forecasts Ethiopia’s economy will grow by 7.3 percent in 2025, deviating significantly ...

WASHINGTON (Reuters) - 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 ...

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 ...

ADDIS ABABA, Ethiopia (AP) — Ethiopia's currency lost 30% of its value Tuesday, the day after the central bank began implementing a flexible exchange rate policy backed by the International ...

ADDIS ABABA, Ethiopia (AP) — Ethiopia's currency lost 30% of its value Tuesday, the day after the central bank began implementing a flexible exchange rate policy backed by the International ...

The IMF’s bailout of Ethiopia’s government will only make matters worse by Mesfin Tegenu, opinion contributor - 08/08/24 12:00 PM ET ...