IMF Executive Board Approves Four-Year US$3.4 billion Extended …
WEBJul 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 billion).
IMF Reaches Staff-Level Agreement on the First Review of the …
WEB3 days ago · A staff team from the International Monetary Fund (IMF) led by Mr. Alvaro Piris, visited Addis Ababa from September 17 to 26, 2024, to discuss progress on reforms and the authorities’ policy priorities in the context of the first review of Ethiopia’s economic program supported by the IMF’s Extended Credit Facility (ECF).
IMF and Ethiopia Reach Preliminary Agreement on $3.4 Billion …
WEB3 days ago · In a statement released by the IMF, the organization confirmed that it has agreed to provide Ethiopia with $3.4 billion over four years as part of this arrangement. Under the terms of the agreement, Ethiopia will receive an initial disbursement of approximately $345 million once the IMF’s Executive Board officially approves the deal.
IMF Staff Concludes Mission to Ethiopia
WEBApr 2, 2024 · An International Monetary Fund (IMF) staff team led by Mr. Alvaro Piris visited Addis Ababa from March 19 to April 2, 2024, to hold discussions on the authorities’ request for IMF support for their reform program.
IMF-Ethiopia bailout: $3.4bn agreed in 'landmark' deal - BBC
WEBJul 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. The Horn of Africa nation has been...
IMF, Ethiopia reach deal for $3.4 billion in financing | Reuters
WEBJul 29, 2024 · Ethiopia has secured an agreement with the International Monetary Fund for a new financing program worth $3.4 billion, the IMF said on Monday.
Exclusive: Ethiopia aims to get $3.5 billion under IMF programme ...
WEBDec 18, 2023 · Ethiopia is in talks with the International Monetary Fund (IMF) to borrow around $3.5 billion under a reform programme, three sources familiar with the matter told Reuters.
IMF-Ethiopia bailout: $3.4bn agreed in 'landmark' deal - BBC News
WEBJul 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.
News: IMF, Ethiopia reach staff-level agreement on first review of …
WEB3 days ago · Latest News. IMF, Ethiopia reach staff-level agreement on first review of $3.4 billion ECF program; Ethiopian FM rejects Somalia’s ‘unfounded allegations’ at UN, warns of ‘recent manoeuvres’ by external actors; Three civilians killed in West Wollega’s Begi, Kondala districts; families blame ‘government forces’ for the deaths
IMF Plans Board Meeting on New Ethiopia Loan Program Next …
WEBJul 25, 2024 · The International Monetary Fund’s executive board of directors is scheduled to meet next week over Ethiopia’s request for a new fund-supported program, according to people with knowledge of...