F or the past couple of years much of Addis Ababa, Ethiopia’s capital, was reduced to rubble by demolitions. Now luxury ...

The Technical Assistance (TA) mission, conducted in Addis Ababa, Ethiopia, from November 4 to 8, 2024, assisted the National Bank of Ethiopia’s (NBE) authorities in developing a Forecasting and Policy ...

The International Monetary Fund warned Ethiopia that economic policies unveiled as part of a $3.4 billion loan agreement faced challenges that could complicate debt restructuring efforts.

The IMF praised the government for implementing a series of changes including tax reforms and subsidy cuts, but warned of mounting obstacles.

The International Monetary Fund (IMF) has cautioned Ethiopia that its reform program under a $3.4 billion Extended Credit Facility (ECF) arrangement is facing mounting risks due to declining foreign ...

Ethiopia remains in default and is seeking comparable debt relief from bondholders after agreeing terms in principle with ...

Last year, a report by Human Rights Watch outlined a systemic pattern of abuse and killings of health professionals in the ...

BRICS, the developing world's stand-in to the G-7 grouping. was expanded at the Kazan Summit, last year. Post expansion, Indonesia, Iran, Egypt, Ethiopia, Saudi Arabia and the UAE have joined the ...

Ministers of finance from the BRICS group of developing nations called for an IMF overhaul that will redistribute voting ...

The International Monetary Fund (IMF) has authorized a $262.3 million disbursement for Ethiopia, taking total payments under Extended Credit Facility program to roughly $1.87 billion. • The new ...