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Can Ethiopia’s IMF-backed reforms withstand Middle East war shocks?

Addis Ababa, Ethiopia. Photo by Daniel Emale @ Unsplash
Addis Ababa, Ethiopia. Photo by Daniel Emale @ Unsplash
  • IMF review clears path for fresh $468 mn disbursement
  • Middle East conflict tests Ethiopia’s economic reforms

 

ADDIS ABABA, ETHIOPIA — Ethiopia is set to receive another major injection of International Monetary Fund (IMF) support after staff and government officials reached agreement on the fifth review of the country’s four-year reform programme, despite mounting concerns over the economic fallout from the war in the Middle East.

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