IMF

IMF approves $341M payment in Ethiopia’s loan program review

The International Monetary Fund (IMF) has completed its first review of Ethiopia’s $3.4 billion lending program, approving a $340.7 million disbursement, the IMF announced on Friday. This marks a significant step in Ethiopia’s economic reform efforts under the four-year program secured in July. The financing arrangement follows key reforms by Ethiopia, including the floating of

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