Ethiopia expects to reach a preliminary agreement on the third review of its $3.4 billion loan programme with the ...

Ethiopia in March reached a draft agreement with its official creditors on restructuring $8.4 billion of debt, but has been ...

Kenya has demonstrated relative macroeconomic resilience. The Kenyan shilling appreciated by 21% in 2024, becoming the world’s best-performing currency, according to market analysts.

Ethiopia stands at a pivotal juncture in its economic history, striving to navigate the complex landscape of global financial challenges. In this context, the Ethiopian government has undertaken ...

International Monetary Fund (IMF) Managing Director Kristalina Georgieva held a high-level meeting on Monday with Finance Minister Ahmed Shide and National Bank Governor Mamo Mihretu. Ethiopian ...

Inflation has been a major headache for Ethiopia, running at about 30% for three consecutive years, though in March it had already declined to 13%, Mamo said during a briefing at the IMF and World ...

The Finance Minister of Ethiopia Ahmed Shide and the Ethiopian Ambassador to the United States, Binalef Andualem, held ...

The IMF estimates that Ethiopia’s nominal GDP—the value of all the goods and services in the economy— $143.123 billion (Sh18.525 trillion) above Kenya’s at $120.899 billion (Sh15.65 trillion).

Ethiopia’s High-level Delegation led by Minister of Finance Ahmed Shide and Eurobond Holders met to exchange on Ethiopia’s ...