Ethiopia: IMF Cautions Ethiopia's Economic Reform Faces Headwinds Amid Falling Aid, Security Risks

Ethiopia's reform momentum faces risks, waning donor support: IMF

The International Monetary Fund (IMF) cautioned Ethiopia on Tuesday that its reform agenda under a $3.4bn (R60.97bn) loan deal is facing challenges from declining donor support, despite the country's meeting key programme targets.

IMF warns Ethiopia over debt restructuring challenges

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, in a report, praised the government for implementing a series of changes including tax reforms, subsidy cuts, and liberalizing the foreign exchange market.But the Washington-based lender said Addis Ababa faced mounting obstacles. “The outlook remains s…

Ethiopia: IMF Cautions Ethiopia's Economic Reform Faces Headwinds Amid Falling Aid, Security Risks

Addis Abeba -- 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 aid, fragile security conditions, and a resurgent parallel currency market, despite progress in meeting key program benchmarks.

Ethiopia's Economy is in A critical State, facing  Severe Economic Meltdown. -| Ethiopian News: Trusted, In-Depth Analysis

Nama Nekemto The Ethiopian economy is experiencing a severe and rapidly deteriorating crisis. The decline is no longer merely concerning; it has reached a critical juncture, threatening widespread economic instability. The nation is facing a rapidly escalating crisis, manifesting across multiple critical sectors. Economic instability, coupled with significant security concerns and a deteriorating political landscape, paints a concerning picture …

IMF Cautions Ethiopia Over Economic Reform

By Enyichukwu Enemanna The International Monetary Fund (IMF) has warned that Ethiopia’s reform agenda under its $3.4bn (R60.97bn) loan deal is facing challenges over dwindling donor support, despite the country’s efforts in hitting key programme targets. The IMF, in an extensive report on Tuesday, commended the African country for implementing economic adjustments, including subsidy cuts, monetary tightening and tax reforms. The US-based lender,…

IMF: Ethiopia’s reforms at risk as donor support declines - Egyptian Gazette

The International Monetary Fund (IMF) cautioned Ethiopia on Tuesday that its reform agenda under a $3.4 billion loan deal is facing challenges from declining donor support, despite the country’s meeting key program targets. The IMF, in an extensive report, praised Ethiopian authorities for implementing economic adjustments, including subsidy cuts, monetary tightening and tax reforms. However, it warned that rising risks, such as a resurgent para…