The Federal Democratic Republic of Ethiopia - IMF
Jul 29, 2024 · Stagnating incomes in sub-Saharan Africa’s resource-intensive economies necessitate more effective fiscal management and broad-based structural reforms. Find information about The Federal Democratic Republic of Ethiopia and the IMF.
IMF Executive Board Approves Four-Year US$3.4 billion Extended …
Jul 29, 2024 · The IMF Board approved an SDR 2.556 billion (about US$3.4 billion) ECF arrangement for Ethiopia. This decision will enable an immediate disbursement equivalent to SDR 766.75 million (about US$1 billion).
IMF Office in Ethiopia
This web page provides information on the activities of the Office, views of the IMF staff, and the relations between Ethiopia and the IMF. Additional information can be found on the Ethiopia and IMF country page, including official IMF reports and Executive Board documents in English that deal with Ethiopia.
Ethiopia : IMF Reaches Staff-Level Agreement to Release $251 …
Nov 28, 2024 · IMF provided Ethiopia with $3.4 million in EFC arrangement payable over four years. Borkena Toronto – The International Monetary Fund (IMF) on Wednesday announced that a “Staff-Level Agreement on the Second Review of the Extended Credit Facility (ECF) for Ethiopia” has been reached.
IMF-Ethiopia bailout: $3.4bn agreed in 'landmark' deal - BBC
Jul 30, 2024 · 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.
International Monetary Fund (IMF) / Press Release » Ethiopia
Nov 27, 2024 · The IMF has approved $411 million in emergency assistance for Ethiopia to help fight the coronavirus pandemic in the east African country. It also approved Ethiopia’s request for a suspension of debt service payments of about $12 million to the IMF under the IMF's Catastrophe Containment and Relief Trust for…
IMF’s Board Approves $248m Loan to Ethiopia – Ethiopian Monitor
4 days ago · The International Monetary Fund (IMF) allowed authorities to gain access to a $248 million loan as part of its four-year Extended Credit Facility (ECF) for Ethiopia. The Fund’s executive board on Friday completed the second review of the ECF arrangement following a staff-level agreement with Ethiopian authorities.
IMF's board approves second review of Ethiopia's $3.4 billion …
The IMF's role in Ethiopia's debt overhaul has come under criticism from some quarters, including from World Bank staff, who questioned the conclusions reached by the Fund's debt sustainability ...
Ethiopia secures $248 million new IMF funding | Monitor
14 hours ago · The International Monetary Fund (IMF) will disburse $248 million to Ethiopia, following Executive Board approval after a second successful review of the country’s economic performance.
IMF Staff Country Reports Volume 2024 Issue 253: The ... - IMF …
Jul 29, 2024 · This paper presents The Federal Democratic Republic of Ethiopia’s Request for an Arrangement under the Extended Credit Facility. The four-year financing package will support the authorities’ Homegrown Economic Reform Agenda to address macroeconomic imbalances, restore external debt sustainability, and lay the foundations for higher ...
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