Ethiopia: Foreign Bank Entry - Gateway to Global Financing
- Experts believe that allowing foreign banks to operate in Ethiopia would significantly benefit the local financial sector.
- Gabriel Nigatu highlighted that foreign banks would provide local banks with access to capital for large-scale infrastructure projects.
- The Ministry of Finance announced that Kristalina Georgieva, the Managing Director of the IMF, will visit Ethiopia from February 8 to 9, 2025.
- Georgieva's visit comes as Ethiopia implements major macroeconomic reforms, including a shift to a market-based foreign exchange regime.
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Ethiopia: IMF Chief to Make First Visit to Ethiopia, Amid Ongoing Economic Reforms
The Ministry of Finance announced that the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, will make a two-day working visit to Ethiopia from February 8 to 9, 2025.
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