IMF – New Business Ethiopia

Ethiopia provides $2.4 billion tax incentive for investors

January 29, 2019February 22, 2019 newbusinessethiopia

As part of investment incentive, the Ethiopian Ministry of Revenue has provided duty free import privilege of 65 billion birr (around $2.4 billion at the prevailing exchange rate) in the past six months.

What makes IMF optimistic about Ethiopian economy

January 26, 2019January 26, 2019 newbusinessethiopia

Last month the International Monetary Fund (IMF) has reflected its opinion on the past, current and future of Ethiopian economy.

Morocco secures $2.97 billion from IMF

December 26, 2018December 26, 2018 newbusinessethiopia

The Executive Board of the International Monetary Fund (IMF) approved a two-year arrangement for Morocco under the Precautionary and Liquidity Line (PLL) for about $ 2.97 billion, or 240 percent of Morocco’s quota.

Sierra Leone secures $172 million from IMF

December 1, 2018December 1, 2018 newbusinessethiopia

The Executive Board of the International Monetary Fund (IMF) on Friday approved a new 43 months arrangement for Sierra Leone under the Extended Credit Facility (ECF) for SDR124.44 million (about US$172.1 million).

Equatorial Guinea growth outlook remains difficult, says IMF

November 13, 2018November 13, 2018 newbusinessethiopia

While the growth outlook remains difficult, there are signs of a slight recovery of the non-oil sector in Equatorial Guinea, said the International Monetary Fund (IMF).

IMF team discusses Zambia’s fiscal, debt sustainability

November 13, 2018November 13, 2018 newbusinessethiopia

A team of the International Monetary Fund (IMF) staff led by Dhaneshwar Ghura discussed Zambia’s fiscal and debt sustainability. The team visited Lusaka, Zambia last week from November 5–9, 2018 also discussed on recent economic developments and prospects.

Partners set to build financial inclusion, stability in Africa

April 20, 2018April 20, 2018 newbusinessethiopia

The European Investment Bank (EIB), the EU Bank, and the International Monetary Fund (IMF), agree on Thursday to pool their expertise and experience to promote sustainable economic development, financial stability and inclusive growth in Africa.