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Why Ethiopia’s bold financial reforms could unlock growth or expose new risks

Governor of the National Bank of Ethiopia, Eyob Tekalign, took center stage at a Capacity Development Talk session on the sidelines of the 2026 IMF/World Bank Spring Meetings in Washington, DC. Photo @NBE Facebook Page
Governor of the National Bank of Ethiopia, Eyob Tekalign, took center stage at a Capacity Development Talk session on the sidelines of the 2026 IMF/World Bank Spring Meetings in Washington, DC. Photo @NBE Facebook Page
  • Ethiopia shifts to market-driven exchange rate, interest policy
  • Reform success claims face scrutiny amid global uncertainty

 

Ethiopia has taken its financial reform push global, using IMF-World Bank meetings to pitch early gains while confronting scepticism over the pace and risks of liberalisation.

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Governor of the National Bank of Ethiopia, Eyob Tekalign, took center stage at a Capacity Development Talk session on the sidelines of the 2026 IMF/World Bank Spring Meetings in Washington, DC. Photo @NBE Facebook Page
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