IMF Sees Ethiopia Beating Ghana as Fastest-Growing Africa Economy

Ghana has lost its mantle as the African economy likely to grow the quickest this year to Ethiopia, which has held the position for most of the past decade, International Monetary Fund... Read more »

Ethiopia enjoying positive investor sentiments but reforms needed – IMF

The International Monetary Fund (IMF) has praised Ethiopia’s economic strides for the year 2016/2017 but has also urged that reforms be undertaken to improve the business climate. In a release issued after... Read more »

Ethiopia enjoying positive investor sentiments but reforms needed – IMF

The International Monetary Fund (IMF) has praised Ethiopia’s economic strides for the year 2016/2017 but has also urged that reforms be undertaken to improve the business climate. In a release issued after... Read more »

Ethiopian named head of IMF’s African department

The International Monetary Fund (IMF) has appointed a new head for its African department. Ethiopian Abebe Aemro Selassie succeeds Liberian Antoinette Sayeh in the role and is expected to begin his work... Read more »

IMF: Ethiopia Needs to Implement Structural Reforms to Sustain Growth

Despite Ethiopia’s achieving robust economic growth, while keeping inflation below 10% and improving social indicators, the International Money Fund says the country must now replace its public sector-led growth strategy with a... Read more »

Ethiopia’s Foreign Reserve Catching Up : IMF

Jan Mikkelsen, IMF Resident Representative to Ethiopia said, Ethiopia’s foreign reserve, which could cover less than two months of the country’s import bill as of last September, has now improved to cover... Read more »

Ethiopia Growth to Slow Unless Private Sector Boosted, IMF Says

Ethiopia Growth to Slow Unless Private Sector Boosted, IMF Says By William Davison Oct. 2 (Bloomberg) — Ethiopia’s growth will slow to 6.5 percent this year and over the “medium term” unless... Read more »

IMF Urges Ethiopia to Slow Nile Dam Project to Protect Economy

Bloomberg: Ethiopia should slow the construction of Africa’s largest hydropower plant to avoid the dam and other projects starving the rest of the economy of funds, the International Monetary Fund said. The... Read more »

Ethiopia inflation drops to 25.5 pct in May

ADDIS ABABA (Reuters) – Ethiopia’s annual inflation rate fell for the third straight month in May to 25.5 percent from 29.8 percent in the previous month, thanks to a drop in food... Read more »

Ethiopia’s Inflation Falls to 39.2% from 39.8% in November

The Ethiopian year-on-year inflation rate for November lowered to 39.2% from 39.8% in October according to official data released this week. Consumer prices fell by 0.3% as compared to October, showing a... Read more »