IMF, Ethiopia reach deal for $3.4 billion in financing Economy Published 07/29/2024, 03:08 PM Updated 07/29/2024, 04:51 PM ...

ADDIS ABABA - Ethiopia's new $3.4 billion financing deal with the International Monetary Fund paves the way for completion of its long-delayed debt restructuring in the next three to six months, a ...

Earlier this year, it asked the IMF for a new lending program worth $2 billion. The sides are yet to strike a deal but the IMF said discussions were ongoing and staff would likely visit Ethiopia ...

Ethiopia’s macroeconomic reform program, which is supported by one of the IMF’s largest financing programs, is based on a Home-Grown Vision and Reform Agenda that clearly articulates our ...

ADDISABABA, Ethiopia - The International Monetary Fund [IMF] is set to support economic recovery of Ethiopia, the lender's spokesperson has confirmed, following tremendous progress in peace princesses ...

Ethiopia, Africa's second most populous country after Nigeria, is midway through a five-year economic plan that aims to expand the road network to 136,000 km (84,500 miles) by 2015 from below ...

After the announcement, the leading Commercial Bank of Ethiopia, which is wholly owned by the State, said the US dollar was buying 74.73 birr, compared to 57.48 on Friday. Ethiopia has a highly ...

Addis Ababa, April 26, 2025 (ENA)—Ethiopian delegation attending the IMF-World Bank 2025 Spring Meetings has participated in the Global Sovereign Debt Roundtable (GSDR) co-chaired by IMF ...

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 M… ...