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Ethiopia pleads to G20 to rescue African economies

Ethiopia pleads to G20 to rescue African economies

March 24, 2020

As the leaders of the wealthiest nations begins their extraordinary summit this week, the Government of Ethiopia today appeals to the G20 to rescue African economies, which began feeling the catastrophic impacts…

IMF to provide seven-fold finance to Ethiopia

IMF to provide seven-fold finance to Ethiopia

December 11, 2019

Supporting Ethiopia’s home–grown economic reform, the International Monetary Fund (IMF) has agreed with Ethiopian government at technical level to provide the latter 700% more than its quota.

Ethiopia’s privatization urgency sparks debate

Ethiopia’s privatization urgency sparks debate

September 19, 2019

Intellectuals and business leaders gathered in Addis Ababa this morning debate about the benefits of Ethiopia’s “urgency” to privatize the state owned mega enterprises such as Ethio Telecom and Ethiopia Airlines among…

Morocco secures $2.97 billion from IMF

Morocco secures $2.97 billion from IMF

December 26, 2018

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…

Sierra Leone secures from IMF

Sierra Leone secures $172 million from IMF

December 1, 2018

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).

IMF team discusses Zambia's fiscal, debt sustainability

IMF team discusses Zambia’s fiscal, debt sustainability

November 13, 2018

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…