IMF

Ethiopia: IMF sees 8.5% growth as political climate clears up

by Engidu Woldie ESAT News (December 5, 2018) The International Monetary Fund (IMF) says Ethiopia will grow by 8.5 percent…

6 years ago

Ethiopia appoints new National Bank governor and deputy, albeit controversial

by Engidu Woldie ESAT News (June 19, 2018) Billions of dollars in debt, the Ethiopian government appointed a new governor…

6 years ago

Ethiopia’s forex reserve at all time low, crisis result in firing of Governors of National Bank

By Engidu Woldie ESAT News (May 31, 2018) Ethiopia’s foreign reserve is at an all time low, only enough to…

6 years ago

Ethiopia: Hard currency crunch harming economy as IMF chief schedules visits

by Engidu Woldie ESAT News (December 7, 2017) Shortage of foreign currency, dwindling export trade and foreign investment are having…

7 years ago

Ethiopia devalues currency by 15%

ESAT News (October 10, 2017) Ethiopia has devalued its currency, the Birr (ETB), by 15%. The dollar will be exchanged…

7 years ago