- IMF staff-level deal clears $261mn for Ethiopia
- Reforms, climate action key to continued support
ADDIS ABABA, ETHIOPIA – Ethiopia has reached a staff-level agreement with the International Monetary Fund to unlock about $261 million under its $3.4bn credit programme.
The IMF confirmed the deal on Wednesday after concluding the fourth review of Ethiopia’s Extended Credit Facility, signalling continued international confidence in the country’s economic reforms.
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