News

The International Monetary Fund (IMF) will be disbursing a further USD 260 million as part of Ethiopia’s Extended Credit ...
Ethiopia's cabinet has approved a nearly 2 trillion birr ($15 billion) budget for the 2025/26 financial year starting in July ...
Ethiopia and the International Monetary Fund have reached a staff-level agreement on the third review of the country's $3.4 ...
The International Monetary Fund expects its board to consider the third review of Ethiopia's $3.4 billion programme within the set out timeline, a spokesperson said, a key step for the country to ...
Ethiopia's cabinet approves a nearly 2 trillion birr budget for 2025/26, marking a 31% increase from the previous year. The ...
The Ethiopian government has reached an initial agreement with the International Monetary Fund that could see the country ...
A Member of Parliament has accused Eritrea of supporting armed groups opposed to the federal government, alleging a ...
International Monetary Fund (IMF) staff and the Ethiopian authorities have reached staff-level agreement on economic policies to conclude the third review of the four-year US$3 ...
Ethiopia's Currency Dives by 30% as IMF-Backed Reforms to Stabilize the Economy Take Effect ADDIS ABABA, Ethiopia (AP) — Ethiopia's currency lost 30% of its value Tuesday, the day after the ...
Ethiopia’s financial recovery hinges on creditors accepting an 18% loss on defaulted Eurobonds. Bondholders are, however, betting on a brighter economic outlook, complicating debt talks pressured by ...
Once approved by the IMF's Executive Board, Ethiopia will gain access to another $260 million in financing. Sign up here. "The (Ethiopian) authorities' policy actions in the first year of the ...